Friendly Suit

Business, Legal & Accounting Glossary

Definition: Friendly Suit


Quick Summary of Friendly Suit


A lawsuit brought by two parties, not as adversaries, but as collaborators in order to resolve a legal question that affects them both. For example, two companies might bring a friendly suit to court in order to clarify a legal interpretation of a contract between them.




What is the dictionary definition of Friendly Suit?

Dictionary Definition


n. a lawsuit filed in order to obtain a court order when the parties to the suit agree on the expected outcome. Such a legal action will be dismissed if it is an attempt to get an advisory opinion, is collusive (deceitfully planned) to get a judgment to set a legal precedent or where there is no real controversy. However, such suits are allowed in situations in which the statutes require a court ruling to achieve a “reasonable result,” such as reforming (correcting) a trust or agreement in which there was an error.


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Modern Language Association (MLA):
Friendly Suit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 21, 2021 https://payrollheaven.com/define/friendly-suit/.
Chicago Manual of Style (CMS):
Friendly Suit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/friendly-suit/ (accessed: September 21, 2021).
American Psychological Association (APA):
Friendly Suit. PayrollHeaven.com. Retrieved September 21, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/friendly-suit/

Definition Sources


Definitions for Friendly Suit are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 1 Views.