Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

all-or-nothing rule

Read a random definition: Court of Private Land Claims

A quick definition of all-or-nothing rule:

The all-or-nothing rule is a legal rule that says if a group of people are supposed to get something, but one person in the group can't get it, then nobody in the group can get it. This means that even if some people in the group could have gotten what they were supposed to get, they won't get it because of the one person who couldn't. This rule is used to make sure that everyone in the group is treated fairly and nobody gets left out.

A more thorough explanation:

The all-or-nothing rule is a legal principle that states that if a class gift is invalid in part, then it is invalid in its entirety. This means that even if a class member's interest in the gift vests within the legal time limit, it can still be invalidated if another class member's interest is subject to partial divestment.

Let's say that a wealthy individual creates a trust fund for their grandchildren, with the stipulation that the funds will be distributed equally among all grandchildren when the youngest turns 25 years old. However, if any grandchild dies before turning 25, their share will be divided among the surviving grandchildren.

If one of the grandchildren dies before turning 25, their share would be divided among the surviving grandchildren. However, if the trust fund was created in a jurisdiction that follows the all-or-nothing rule, the entire gift would be invalidated because it is subject to partial divestment.

Another example could be a will that leaves a gift to "all of my nieces and nephews." If one of the nieces or nephews is deemed ineligible to receive the gift due to the all-or-nothing rule, then the entire gift would be invalidated.

These examples illustrate how the all-or-nothing rule can have significant consequences for class gifts, even if some class members are eligible to receive their share of the gift.

all-or-none order | allotment

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
10:38
You think adcomms stalk this website
10:41
any one of you could be one in disguise
11:19
I have a confession.
11:20
I am not a llama, and I am an adcommie @ The University of American Samoa Law (go LandCrabies)
12:01
I need a law school ranking based on which have reverse weave champion hoodies with the law school logo
I'm really sad it came to this.. but what are some law schools that will accept people with misconduct and irregularity of faking a transcript from lsac
I guess or from doing crimes too for that matter
yo how to delete messages
MrThickRopes
15:24
We walk in da graduation to day
MrThickRopes
15:25
That’s a lie we walk in it yesterday
MrThickRopes
15:26
Or maybe we walk in da graduation tomorrow
yeaaahhh
MrThickRopes
15:28
Yeah
MrThickRopes
15:28
Uhh
MrThickRopes
15:28
Yeah
MrThickRopes
15:28
Put dat beat on
MrThickRopes
20:27
I said PUT DA BEAT ON
20:31
mustard on da beat ho
22:14
im a slut for horse butt, #8 makes me feel great, horween makes my whore scream
22:20
catch me with this when I make partner
22:22
😍
22:24
Worth it
MrThickRopes
22:24
Uhhh
MrThickRopes
22:24
Yeaaah
MrThickRopes
22:25
Wake up in the morning gotta take a shit hop up in my lambo gotta take a shit headin to da club and i gotta take a shit poppin da champagne but i ruined it with shit
22:27
Woke up in the morning gotta thank god i dunno but today seems kinda odd no barking from the dog no smog mama cooked a breakfast with no hog i got my grub on but didn’t pig out finally got a call from a girl i wanna dig out
MrThickRopes
22:42
Wake up in the morning and i take a shit take off my pants cause they caked in shit go to da club and I’m finna get lit light up the blunt but it’s soaked in shit thrown on da curb because i took a shiiit
LSD+ is ad-free, with DMs, discounts, case briefs & more.