Laches

Summary of Laches

A delay in the execution of a maritime LIEN (read this and related legal terms for further details). Inasmuch as maritime liens have priority by inverse order, i.e., the last lien has priority over preceding liens, a failure to execute against a lien may prejudice the lienor in a subsequent action.

(Main Author: William J. Miller)

Introduction to Laches

Laches, in law, neglect and unreasonable delay in enforcing an equitable right. If the court is satisfied that a plaintiff has taken an unnecessarily long time in pursuing a case, the action may be struck out.” (1)

Resources

Notes and References

• Information about Laches in the Encarta Online Encyclopedia

Guide to Laches