REPARATION

  reparation (rep-<<schwa>>-ray-sh<<schwa>>n).1. The act of making amends for a wrong. 2. (usu. pl.) Compensation for an injury or wrong, esp. for wartime damages or breach of an international obligation. [Blacks Law 8th]

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REPAIR DOCTRINE

repair doctrine.Patents. The rule that a licensee who is authorized to produce, use, or distribute a patented device also has the right to repair and replace unpatented components. — Also termed permissible-repair doctrine. Cf. RECONSTRUCTION(2). [Cases: Patents 255. C.J.S. Patents § 405.] [Blacks Law 8th]

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REPAIR-AND-REPLACE PROVISION

repair-and-replace provision.A contractual clause providing that a product’s defect will be remedied by repairing or replacing the defective part or product. [Blacks Law 8th]

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REP

rep.abbr.1.REPORT. 2.REPORTER. 3.REPRESENTATIVE. 4.REPUBLIC. [Blacks Law 8th]

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REORGANIZATION PLAN

  reorganization plan.Bankruptcy. A plan of restructuring submitted by a corporation for approval by the court in a Chapter 11 case. See CHAPTER11. [Cases: Bankruptcy 3531–3570. C.J.S. Bankruptcy §§ 381–411.] [Blacks Law 8th]

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REORGANIZATION

  reorganization,n.1.Bankruptcy. A financial restructuring of a corporation, esp. in the repayment of debts, under a plan created by a trustee and approved by a court. See CHAPTER11. [Cases: Bankruptcy 3501.C.J.S. Bankruptcy § 368.] haircut reorganization.A restructuring that reduces the principal amount of indebtedness owed to creditors. • The more common usage is simply haircut…

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REO PRAESENTE

  reo praesente (ree-oh pri-zen-tee). [Latin] Hist. The defendant being present; the presence of the defendant. [Blacks Law 8th]

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