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Simple English definitions for legal terms

droit de suite

Read a random definition: transactional takeover defense

A quick definition of droit de suite:

Term: droit de suite

Definition: Droit de suite is a French term that means "right to follow." It has two meanings. Firstly, it refers to a creditor's right to recover a debtor's property after it has been sold to a third party. Secondly, it refers to an artist's resale royalty, which is the right of a work's creator to benefit from appreciation in the value of the work by receiving a portion of the profit from its later resales. This right is recognized in some European nations and is meant to encourage artists to create more works.

A more thorough explanation:

Droit de suite is a legal term that means "right to follow." It refers to two different things:

  1. When someone owes money to a creditor and sells their property to a third party, the creditor has the right to recover that property from the third party to pay off the debt.
  2. In some European countries, artists have the right to receive a portion of the profit when their artwork is resold. This is called an artist's resale royalty.

For example, let's say John owes money to a bank and he sells his car to Jane. If the bank has a droit de suite, they can take the car from Jane to pay off John's debt.

Another example is if an artist sells a painting for a low price when they are unknown, but later the painting becomes very valuable and is resold for a lot of money. If the artist has a droit de suite, they can receive a portion of the profit from the resale.

droit de quint | droit d'exécution

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amlaw
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do you guys want to hear my newest irrational fear
[] ararara
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That you have so much fun tonight dancing after the sun goes down you fall in love but way too hard and your heart pops!
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Hi wherever you are hope you have a great Saturday! Stay hydrated!
hydrating! 👹
[] ararara
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Hahah lolll show those fools your dance moves!! I am actually about to start working until about 4 in the morning so I can go out of town Tuesday so avenge me!
[] ararara
19:12
I came face to face with an Amazon worker on prime day though and that was crazy. Don’t think I’ll ever forget that. They looked completely drained it was insane.
rip to that young lad, wishing them hydration and days off from work. don’t work yourself too hard ara! chronic stress kills!
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Thanks wasp right back at you! You too! This work is really interesting! It’s one of three jobs where it’s been hard to stop before school starts for sure.
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you have to be the art hoe gf u want to see in the world
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manifestmoreadmissions
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bunny i am trying so hard idk if i can cut it
amlaw what's your fear
amlaw
10:02
that i got rejected from washu and just didn't see the email even though i've checked my spam and everything because they don't change their portals at all
that sucks :(
amlaw
10:36
and i know its crazy lol
hahaha yes it is crazy lol
babybunny
15:03
Heard Biden dropped out of the race. Made me remember when you said bye den dropped out of my life. You'll always be my first choice nominee. No need to text back
amlaw
15:03
i have never fully comprehended any of your messages bunny
when you said bye den dropped out of my life
i have a 3.38 and hope to get a 175+ on the LSAT
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Justvibin123
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Who ever is accepted at Wayne state and is not attending can you please withdraw your app 🥹
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