Business, Legal & Accounting Glossary
n. 1) any statement made, particularly in writing. 2) a written statement made “under penalty of perjury” and signed by the declarant, which is the modern substitute for the more cumbersome affidavit, which requires swearing to its truth before a notary public.
In law, a declaration ordinarily refers to a judgment of the court or an award of an arbitration tribunal is a binding adjudication of the rights or other legal relations of the parties which does not provide for or order enforcement. Where the declaration is made by a court, it is usually referred to as a declaratory judgment. Less commonly, where declaratory relief is awarded by an arbitrator, it is normally called a declaratory award.
Declaratory relief is most commonly seen in two particular circumstances:
However, applications for declaratory relief in other areas have become more widespread, particularly in Europe. A key feature in relation to this development have been the Brussels and Lugano Conventions on civil jurisdiction and judgments relating to members of the EEA. In certain circumstances, jurisdiction is awarded under the conventions to the courts first seised of the matter. This has led to a rise in defendants taking pre-emptive action by seeking “declarations of non-liability” in a race to the courthouse to ensure that they choose the court first seised rather than waiting for the claimant to do so.
Declaration is used (as a verb or a noun) in other ways in certain legal systems.
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This glossary post was last updated: 27th April, 2020 | 2 Views.