R

An issue that is introduced that is irrelevant to the matter at hand, which usually diverts attention from the main matter actually in issue. An irrelevant or misleading indicator or statement that appears to be important and isn't, designed to obfuscate and hide the primary issue. With regard to securities law, it is a preliminary prospectus regarding a stock that has yet to … [Read more...] about RED HERRING

(A) In a Chapter 7 bankruptcy, when a debtor pays a creditor on a debt to redeem property, e.g. a motor vehicle. (B) Foreclosure: when the defaulting party pays an amount to satisfy a lender and redeems the property out of a foreclosure action. (C) contracts. The act of taking back by the seller from the buyer a thing which had been sold subject to the right of repurchase. 2. … [Read more...] about REDEMPTION

Slang for excessive bureaucracy and prolonged requirements such as extensive paperwork. In a derivative sense, order carried to fastidious excess; system run out into trivial extremes. Webster v. Thompson, 55 Ga. 434. … [Read more...] about RED TAPE

Sax. Advice; counsel. … [Read more...] about RED, RAED, OV REDE

Usually to explain a process in litigation where evidence that is not relevant to a case that should remain private is obfuscated from view of the opposing party. For example, a private memo containing confidential business secrets that are not relevant to the case may be blocked (or blackened) from view with the remaining relevant portion of the memo remaining readable. … [Read more...] about REDACTION