Simple English definitions for legal terms
Read a random definition: bilateral advance pricing agreement
An apex deposition is when a person who is at the highest level of a company is asked to give testimony outside of court. This is usually done in writing or through oral questioning by a lawyer. Courts may not allow an apex deposition unless the person being questioned has important information that cannot be obtained in any other way. The written or recorded testimony is used as evidence in court later on.
Definition: Apex deposition refers to the testimony of a person who holds the highest position in a company or organization. This testimony is usually recorded in writing by a court reporter for later use in court or for discovery purposes.
Example: If a company is involved in a legal case, the opposing party may want to depose the CEO or other high-ranking officials to obtain information relevant to the case. However, courts may limit apex depositions unless the person being deposed has specific knowledge about the claim, and the requesting party cannot obtain the information through less intrusive means.
This example illustrates how an apex deposition is used to obtain testimony from a person in a high-level position in a company or organization.