Cases in equity are different from cases in “law” or “common law.”
On the other hand, cases in equity are cases where a plaintiff seeks injunctive relief – – an order from the court requiring a defendant to do something or to refrain from doing something. For example, if a plaintiff asks a judge to prohibit a defendant from disclosing information in a newspaper article, that would be a case in equity seeking injunctive relief.
II. Value of a company’s shares
Equity can also refer to a person’s ownership interest in property or a business entity. A person who has equity in a company owns all or part of the company.« Back to Glossary Index