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vexatious |
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vexatious Law (of a legal action or proceeding) instituted without sufficient grounds, esp so as to cause annoyance or embarrassment to the defendant How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| They are also less likely to engage in vexatious litigation and less likely to find themselves embroiled in controversies with regulators, shareholders, employees and creditors, all of which can consume the professional's time--often without reimbursement. The filing of the Chapter 11 case enabled the Company to bring a halt to vexatious litigation in several states and to protect the interests of shareholders and legitimate creditors. The Petitioning Creditors believe that the filing of the involuntary proceeding will enable the Company to bring a halt to vexatious litigation and protect their interests as creditors and the interests of the shareholders of the Company, and provide the Company with the ability to advance its present business opportunities and eliminate further interference by the Delaware plaintiff and others acting in concert with him. |
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