(noun) - That branch of government Invested with the judicial power; the system of courts in a country; the body of judges; the bench.(adjective) - Pertaining or relating to the courts of justice, to the judicial department of government or to the administration of justice. … [Read more...]
JUICIO DE CONCURSO
This term is Spanish, and is used in Louisiana. It is the name of an action brought for the purpose of making a distribution of an insolvent's estate. It differs from all other actions in this important particular, that all the parties to it except the insolvent, are at once plaintiffs and defendant. Each creditor is plaintiff against the failing debtor, to recover the amount … [Read more...]
JUDICIAL MORTGAGE
In Louisiana, it is the lien resulting from judgments, whether these be rendered on contested cases, or by default, whether they be final or provisional, in favor of the person obtaining them. Civ. Code of Lo. art. 3289. … [Read more...]
JUDICIARY ACT
The name commonly given to the act of congress of September 24, 1789, (1 St at.Large, 73,) by which the system of federal courts was organized, and their powers and jurisdiction defined. Judiciis posterioribus fides est adhibenda. Faith or credit is to be given to the later judgments. 13 Coke, 14. … [Read more...]
JUMBO LOAN
A mortgage loan in excess of the amounts guaranteed by the Federal Housing Administration. … [Read more...]