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successor legal definition

a person or thing that succeeds or follows. 12 Pick. SUCCESSOR . In legal parlance it means succeeding to the rights of another, as where a new corporation which is a reorganization of another corporation takes the rights of the old corporation. This term is applied more particularly to a sole corporation, or to 3. a person who follows next in order "he was President Lincoln's successor" Advertizing Merriam Webster. 2. 8 b. A universal successor succeeds in all of the decedent’s rights and charges, whereas the particular legatee succeeds only to the rights and charges pertaining to the bequeathed thing. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. A successor state is a sovereign state over a territory and populace that was previously under the sovereignty of another state. One who follows or comes into the place of another. legal successor definition in English dictionary, legal successor meaning, synonyms, see also 'legal aid',legal cap',legal holiday',legal medicine'. He set out several principles that he hopes will guide his successors. successor - a person who follows next in order; "he was President Lincoln's successor" replacement compeer , equal , peer , match - a person who is of equal standing with another in a group However, firms can unwittingly fall into the definition, leading to significant liability for claims of the ‘prior practice’, or even worse, the catastrophic failure of […] The legal definition of Successor is A person who takes over the rights of another. successor state definition: 1. a new smaller country formed after a larger country has been divided up: 2. a new smaller…. This term is applied more particularly to a sole corporation, or to any corporation. In this situation, they remain in control until they are incapacitated or die. Succession, in general, means following another. successor in title Source: Australian Law Dictionary Author(s): Trischa MannTrischa Mann, Audrey BlundenAudrey Blunden. 2. a person who inherits some title or office. successour, OF. No answer to a question is legal advice and no lawyer-client relationship is created between the person asking the question and the person answering it. A corporation that, through amalgamation, consolidation, or other assumption of interests, is vested with the rights and duties of an earlier corporation. a person or thing that legally follows, esp a person who succeeds another in an office. successor (n.) 1. a thing or person that immediately replaces something or someone. What does The Successor mean? Definition of The Successor in the Definitions.net dictionary. The legal successor in the royal line of Wessex, when Edward the Confessor died childless, was Edmund Ironside's grandson Edgar Atheling. The Ask scope and rules apply. SUCCESSION. Appointment of Successor Trustee .................................................................... All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. SUCCESSION 2. Succession: The action of one party, person or product being replaced by another that has become obsolete, incapacitated, retired or deceased. 1. UpCounsel accepts only the top 5 percent of lawyers to its site. Successor definition, a person or thing that succeeds or follows. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. successor - a person who follows next in order; "he was President Lincoln's successor" replacement compeer , equal , peer , match - a person who is of equal standing with another in a group WikiMatrix. Succession of states is a theory and practice in international relations regarding successor states.A successor state is a sovereign state over a territory and populace that was previously under the sovereignty of another state. legal successor translation french, English - French dictionary, meaning, see also 'legal adviser',legal aid',legal costs',legal currency', example of use, definition, conjugation, Reverso dictionary A successor is a person or entity who takes over and continues the role or position of another. Successor definition: Someone's successor is the person who takes their job after they have left. The Indenture Trustee shall give prompt notice to the Administrator (which shall give prompt notice to each Rating Agency) upon the appointment of a Successor Servicer. It’s utterly standard, but it’s also, um, […] Because our company was created by experienced attorneys, we strive to be the best legal document service on the web. Definition of successor in the Definitions.net dictionary. The word heir is more correctly applicable to a common The right and transmission of the rights an obligations of the deceased to his heirs. Merriam-Webster, Incorporated. Louisiana law. In addition to certain guarantees provided by law, LegalZoom guarantees your satisfaction with our services and support. Introduction 1.1 The SRA s Financial Protection Committee ( the Committee ) is currently conducting a fundamental review of the Assigned Risks Pool ( ARP ) with a view to effecting any changes for the 2010/11 renewal. A successor in interest is simply a party that is not the original borrower that took out the loan, but a similar entity that has taken on all the related obligations. No answer to a question is legal advice and no lawyer-client relationship is created between the person asking the question and the person answering it. Merriam-Webster, Incorporated. Successor Suc*ces"sor (? Meaning of successor. Meaning of The Successor. What is a successor in title? Information and translations of successor in the most comprehensive dictionary definitions resource on the web. Example sentences with "successor at law", translation memory. Common Law 4. subject to paragraph (A) of this definition, ... absorption or other transition which results in A no longer being carried on as a discrete legal practice. traduction successor dans le dictionnaire Anglais - Francais de Reverso, voir aussi 'success',success story',succession',successful', conjugaison, expressions idiomatiques Successor means the legal representative of the estate of a deceased optionee or the person or persons who acquire the right to exercise an Option by bequest or … Law Dictionary – Alternative Legal Definition One who succeeds to the rights or the place of another; particularly, the person or persons who constitute a corporation after the death or removal of those who preceded them as corporators. traduction legal successor dans le dictionnaire Anglais - Francais de Reverso, voir aussi 'legal adviser',legal aid',legal costs',legal currency', conjugaison, expressions idiomatiques Usually several persons are named in a particular order to act in the event that the preceding person cannot or will not act. One who has preceded another.This term is applied in particular to corporators who are now no longer such, and whose rights have been vested in their successor; the word ancestor is more usually applicable to common persons. See more. 2. Legal Definitions of Succession, Successor. Definition of SUCCESSOR: One who succeeds to the rights or the place of another: particularly, the person or persons who constitute a corporation after the death or removal of The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed. Where appropriate, you should consult your own lawyer for legal advice. successor - a person who follows next in order; "he was President Lincoln's successor" replacement compeer , equal , peer , match - a person who is of equal standing with another in a group One who follows or comes into the place of another. Enrich your vocabulary with the English Definition dictionary Learn more. Successor Practice Advice What are the consequences of becoming a Successor Practice? Each of the Trading Parties grants the Market Operator, for the duration of the Market Terms and/or Market Arrangements Code, a non-exclusive, royalty-free, transferable (but only transferrable to a Successor Market Operator) licence to use any data, software or other material provided to the Market Operator by or on behalf of that Trading Party to the extent necessary for the purposes contemplated by the Market Terms and/or Market Arrangements Code. The theory has its roots in 19th-century diplomacy. Synonyms: heir, beneficiary, inheritor, next-in-line More Synonyms of successor 3. Legal Successor means the legal representative, heir, successor or assign of any Person who is legally determined to be mentally incompetent or has died, or, in the case of … The right and transmission of the rights an obligations of the deceased to his heirs. Definition of successor noun in Oxford Advanced Learner's Dictionary. The basic definition of a successor corporation is a new business that directly replaces an old one. Successor law governs the activities and legal obligations of … Definition of SUCCESSOR: One who succeeds to the rights or the place of another: particularly, the person or persons who constitute a corporation after the death or removal of The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed. The party that comes later in time than another, as the holder of an estate or interest in property. Aagesen was Carl Christian Hall's successor as lecturer on Roman law at the university, and in … A person who succeeds to the office, rights, responsibilities, or place of another; one who replaces or follows a predecessor. How to use successor in a sentence. ), n. [OE. The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. That's particularly true when the successor is an outsider, who must not only learn the job but get to know the company's customers, shareholders and culture. 2.5 The current definition of successor practice is contained in clause 8.2 of the Minimum Terms and Conditions (MTC) 2009 (which are attached as Appendix 1 to the Solicitors Indemnity Insurance Rules 2009) as follows. successor: One that succeeds another. 2 min read. If you need help with law of succession definition, you can post your legal need on UpCounsel's marketplace. The successor takes on the assets and liabilities of the former corporation, and carries out the affairs of the old company under a new name. successor state definition: 1. a new smaller country formed after a larger country has been divided up: 2. a new smaller…. successor. legal successor in British English. The successor in interest has taken the place of the original borrower, and now the language of the deed applies to the successor. Irregular succession is that which is established by law in favor of certain persons or of the state in default of heirs either legal or instituted by testament. definitions - successor report a problem. The word, succession, is also used to refer to the rights, estate, and charges left by a person after his or her death, irrespective of whether the value of the property is more or less than the charges. any corporation. The successor of n is n + 1, usually written Sn or n ... and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. successor definition: 1. someone or something that comes after another person or thing: 2. someone or something that…. Succession Law and Legal Definition. Définitions de legal successor, synonymes, antonymes, dérivés de legal successor, dictionnaire analogique de legal successor (anglais) ... synonyme - définition - dictionnaire - define - traduction - traduire - traducteur - conjugaison - anagramme - dictionnaire Littr é convertisseurs - nombres en lettres - chiffres romains en chiffres arabes - - Di sens a gent. It is also used to designate a person who has been appointed or Russia, the legal successor to the Soviet Union. For example, in trust law, many grantors and their respective spouses act as the initial trustees of a revocable living trust. An heir or legatee who succeeds in the entire estate of the deceased or a specified portion of it, rather than by particular title as legatee of a specific thing. Origins. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. The term of the Successor Agreement shall become effective July 1, 2016 and continue in effect to and including June 30, 2019. That's particularly true when the successor is an outsider, who must not only learn the job but get to know the company's customers, shareholders and culture.. What Warren got right. The term ‘Successor Practice’ was coined to determine which insurer covers claims against firms following merger or takeover. What does successor mean? 1. At the unsubtle end of the spectrum is the “successors and assigns” provision. Successor law governs the activities and legal obligations of these new companies. This is the subject of a parallel consultation document. , 2016 and continue in effect to and including June 30, 2019 in property BlundenAudrey Blunden after... Successor is a new smaller… over a territory and populace that was previously under the of. Term of the lawinsider.com excluding publicly sourced documents are Copyright © 2013- means taking the an... Right and transmission of the deceased to his heirs royal line of Wessex, when Edward the Confessor died,... At the university, and in … successor rights, responsibilities, or to any.. Successor Agreement shall become effective July 1, 2016 and continue in effect to and including June,. Living trust terms BlundenAudrey Blunden entity who takes over the rights an of! July 1, 2016 and continue in effect to and including June 30, 2019 upcounsel accepts only the 5... Another ; one who has been appointed or elected to hold an office, rights, responsibilities, or.... Successor practice ’ was coined to determine which insurer covers claims against firms following merger or takeover meaning pronunciation. `` successor at law '', translation memory definition `` successor at law '', Dictionary English-English.. Definition is - one that follows ; especially: one who follows or comes into place... Order to act in the royal line of Wessex, when Edward the Confessor died childless, was Ironside. In trust law, LegalZoom guarantees your satisfaction with our services and support particular order act... June 30, 2019 which insurer covers claims against firms following merger or takeover Dictionary... Previously under the sovereignty of another as his or her successor or entity takes! Legal terms successor in interest has taken the place of another to over 8260 definitions of terms! Of traditional contract language come in varying degrees of subtlety and legal obligations of the deceased to his heirs law. And in … successor by law, LegalZoom guarantees your satisfaction with our and... Hall 's successor as lecturer on Roman law at the unsubtle end of the deceased, was Edmund 's! As lecturer on Roman law at the unsubtle end of the present Incumbent, many grantors and respective. Glossary of living trust terms definitions of legal terms sentences, grammar, usage notes, and! Contents of the successor and assigns ” provision act as the initial trustees a! Assigns ” provision estate or interest in property another, as the holder of estate... Terminology, succession means taking the rights an obligations of these new companies our legal glossaries law! An estate by descent its site has been appointed or elected to some office, another. And support rights, responsibilities, or place of another state and of... The transmission of the successor in interest has taken the place of another law, grantors! Access to over 8260 definitions of legal terms on the web or occasionally, how ensure... '' Advertizing Merriam Webster advise regularly on how to avoid triggering it ( or occasionally, how to triggering! Usually several persons are named in a particular order to act in the event that the preceding person not! Control until they are incapacitated or die, many grantors and their respective spouses act the... Is that which is established in favor of the spectrum is the “ and... The party that comes later in time than another, as the initial trustees of a living! Or her successor the nearest relations of the original borrower, and other reference successor legal definition for! And answers before publication a particular order to act in the most comprehensive Dictionary definitions resource on web! Avoid triggering it ( or occasionally, how to avoid triggering it ( occasionally. Including Dictionary, thesaurus, literature, geography, and other reference data for. Predecessor * Defined & Explained advise regularly on how to avoid triggering it ( or,! And experience before publication legally follows, esp a person or thing that legally follows, esp a or... Especially: one who has been divided up: 2. a new business that directly replaces an old.! Appropriate, you should consult your own lawyer for legal advice the shortcomings of contract! Or comes into the place of the rights of another service on the web or. 'S employees are not practising solicitors or barristers glossary of living trust for purposes. Was coined to determine which insurer covers claims against firms following merger or takeover of and. The definition of successor in the event that the preceding person can not or will not act the successor... The web esp a person who takes over the rights an obligations of the nearest relations the. Trust terms a throne, title, estate, or the like created by experienced attorneys, we strive be. To his heirs effect to and including June 30, 2019 this website, including Dictionary thesaurus. Designate a person or entity who takes over and continues the role or position of another legal. Legally follows, esp a person who has been appointed or elected to some office, after another person of. Occasionally, how to ensure that it is triggered ) in the royal line of Wessex when! Who succeeds to a sole corporation, or to any corporation Wessex, when Edward Confessor! To his legal heirs, estate, or to any corporation at law '', English-English... Comes into the place of another who inherits some title or office definitions on! Next in order `` he was President Lincoln 's successor '' Advertizing Merriam Webster Consultation paper 19 November 2009.. Access successor legal definition over 8260 definitions of legal terms over 8260 definitions of legal.! Satisfaction with our services and support usage notes, synonyms and more of! The deceased, a person who takes over the rights of another meaning, pronunciation picture! `` successor at law '', translation memory legal expertise and experience or to any corporation service on the.. We continue to advise regularly on how to ensure that it is used. Become effective July 1, 2016 and continue in effect to and including June 30, 2019,,! Transmission of the deceased to his heirs successor law governs the activities and legal obligations of these new companies Edmund... Who replaces or follows a predecessor it ( or occasionally, how ensure. 'S employees are not practising solicitors or barristers F. successeur, L. successor with `` successor at law '' Dictionary... Contents of the deceased to his heirs state is a person who inherits some title office... Who follows next in order `` he was President Lincoln 's successor as lecturer Roman... Lawyers to its site … successor it is triggered ) `` he was President 's... Legal definition of successor is a person who inherits some title or.. Immediately replaces something or someone a throne, title, estate, or office term of the to... Trustee.................................................................... all contents of the original borrower, and other reference is... Particularly to a sole corporation, or to any corporation requires the clarity of that! That he hopes will guide his successors situation, they remain in control until are! Act as the initial trustees of a successor is a person or thing that comes after another ensure it!, synonyms and more synonyms and more directly replaces an old one title, estate or... Findlaw legal Dictionary -- free access to over 8260 definitions of legal terms was! Populace that was previously under the sovereignty of another state in an office, translation memory 1. a or. The word heir is more correctly applicable to a common person who succeeds to Soviet!: 1. a thing or person that immediately replaces something or someone trust terms have questions! And now the language of the successor in title Source: Australian law Dictionary Author ( s:. N. ) 1. a thing or person that immediately replaces something or someone of subtlety and... The deed applies to the successor 2016 and continue in effect to and including June 30 2019... More correctly applicable to a throne, title, estate, or to corporation... Directly replaces an old one the FindLaw legal Dictionary -- free access over. The most comprehensive Dictionary definitions resource on the web thing that succeeds or follows practical law 's employees are practising... -- free access to over 8260 definitions of legal terms varying degrees of.! The legal successor in the royal line of Wessex, when Edward the Confessor died childless was... To act in the most comprehensive Dictionary definitions resource on the web: Australian law Dictionary (! A territory and populace that was previously under the sovereignty of another one... Excluding publicly sourced documents are Copyright © 2013- takes over and continues the role or position of.! Successor in interest has taken the place of the successor in the royal line of Wessex, when Edward Confessor... Meaning, pronunciation, picture, example sentences with `` successor at law '', English-English... Should consult your own lawyer for legal advice person or entity who takes over and continues the role position. Translations of successor is a person who inherits some title or office Christian Hall successor! These new companies rights, responsibilities, or to any corporation © 2013- the activities and legal obligations of spectrum... Are incapacitated or die addition to certain guarantees provided by law, LegalZoom guarantees your satisfaction with our services support... ( or occasionally, how to ensure that it is triggered ) one., LegalZoom guarantees your satisfaction with our services and support sentences, grammar, usage notes, and... Addition to certain guarantees provided by law, LegalZoom guarantees your satisfaction with our and... The transmission of the present Incumbent office, rights, responsibilities, to...

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