Remedies Flashcards
Preliminary Injunction elements
Irreparable harm; inadequate remedy at law; balancing hardships; likelihood of success on the merits; enforceability / supervision by the court
TRO
IMMEDIATE and irreparable harm
Specific performance elements
Valid K; money damages inadequate; enforceability / no continued supervision
Grounds for rescission (3)
Fraud; mutual mistake; unilateral mistake by innocent party. Other party mustn’t be seriously prejudice
Rescission
Constructive Trust / Equitable Lien Elements (4)
D holds title; retention would unjustly enrich; legal remedy inadequate; P’s assets able to be traced to subsequent forms
Remedies differences: constructive trust, equitable lien
CT: get D’s property regardless of change in value. EL: forced sale, cannot get profit