Law of equity

Nowadays taking bodily form in the shape of the Chancery Division of the High Court of Justice of England and Wales, the courts of chancery were the originators of the principles of equity, that great rug of English jurisprudence under which, for hundreds of years, jurists have swept the vicissitudes of a rigid, or stupid, application of the law of contract.

See also

• High Court of Justice
• Queen’s Bench Division
• Time is of the essence
• Clog on the equity of redemption