Illegality: Difference between revisions

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The courts will not enforce a {{t|contract}} the purpose of which is to achieve an illegal end. This should not really surprise anyone, but still lawyers like to interpose hypotheticals, and invent concepts like [[severability]].
{{g}}The courts will not enforce a {{t|contract}} the purpose of which is to achieve an illegal end. This should not really surprise anyone, but still lawyers like to interpose hypotheticals, and invent concepts like [[severability]].
 
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*[[Illegality - ISDA Provision]]

Latest revision as of 12:01, 15 July 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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The courts will not enforce a contract the purpose of which is to achieve an illegal end. This should not really surprise anyone, but still lawyers like to interpose hypotheticals, and invent concepts like severability.

See also