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RECAPITALIZATION
recapitalization,n. An adjustment or recasting of a corporation’s capital structure — that is, its stocks, bonds, or other securities — through amendment of the articles of incorporation or merger with a parent or subsidiary. • An example of recapitalization is the elimination of unpaid preferred dividends and the creation of a new class of…
Read MoreRECANT
recant (ri-kant), vb.1. To withdraw or renounce (prior statements or testimony) formally or publicly <the prosecution hoped the eyewitness wouldn’t recant her corroborating testimony on the stand>.2. To withdraw or renounce prior statements or testimony formally or publicly <under grueling cross-examination, the witness recanted>. — recantation,n. [Blacks Law 8th]
Read MoreRECALL OF MANDATE
recall of mandate.The extraordinary action by an appellate court of withdrawing the order it issued to the trial court upon deciding an appeal, usu. after the deadline has passed for the losing party to seek a rehearing. • Because this action can interfere with trial-court proceedings on remand, and also because it clouds the waters…
Read MoreRECALL LETTER
recall letter.See LETTER OF RECALL. [Blacks Law 8th]
Read MoreRECALL EXCLUSION
recall exclusion.See sistership exclusion under EXCLUSION(3). [Blacks Law 8th]
Read MoreRECALL ELECTION
recall election.See ELECTION(3). [Blacks Law 8th]
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recall,n.1. Removal of a public official from office by popular vote. [Cases: Officers and Public Employees 70.7. C.J.S. Officers and Public Employees §§ 215–219.] 2. A manufacturer’s request to consumers for the return of defective products for repair or replacement. [Cases: Insurance 2278(24); Products Liability 12. C.J.S. Products Liability § 22.] 3. Revocation of a…
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rebutter. 1.Common-law pleading. The defendant’s answer to a plaintiff’s surrejoinder; the pleading that followed the rejoinder and surrejoinder, and that might in turn be answered by the surrebutter. [Cases: Pleading 185.] 2. One who rebuts. [Blacks Law 8th]
Read MoreREBUTTAL WITNESS
rebuttal witness.See WITNESS. [Blacks Law 8th]
Read MoreREBUTTAL
rebuttal,n.1. In-court contradiction of an adverse party’s evidence. 2. The time given to a party to present contradictory evidence or arguments. Cf. CASE-IN-CHIEF. [Cases: Criminal Law 683; Federal Civil Procedure 2015; Trial 62. C.J.S. Criminal Law § 1219; Trial § 195.] “Rebuttal is the hardest argument to make in any court. In the Supreme Court…
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