Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

layday

Read a random definition: UJCA

A quick definition of layday:

A layday is a term used in maritime law to refer to the number of days allowed for loading or unloading cargo on a ship. If the time taken exceeds the layday, the ship's owner is entitled to compensation in the form of demurrage. If less time is used, the owner may pay dispatch. It is important to keep track of laydays to avoid any legal disputes or fines.

A more thorough explanation:

Definition: A day allowed by a voyage charterparty for the charterer to load or unload cargo. If more time is used, the vessel's owner is entitled to compensation for the delay, usually in the form of demurrage. If less time is used, the owner may pay dispatch.

Example: A ship is chartered to transport goods from one port to another. The charterparty specifies that the charterer has 5 laydays to load the cargo. If the cargo is not loaded within those 5 days, the shipowner can charge demurrage for each additional day of delay.

This example illustrates how laydays are used in maritime law to specify the time allowed for loading or unloading cargo. If the laydays are exceeded, the shipowner can charge demurrage to compensate for the delay.

lay damages | layoff

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
does anyone ever think about how we have no idea who everyone else here is? like you guys dont know me at all thats so crazy cause i talked to you more than ppl irl today
i'm a hallucination
the hat man
HopefullyInLawSchool
16:03
isnt r&r a t50?
keep popping benadryls and ill stay online
law school chat roulette
[] baddestbunny
16:04
living out the plot of the movie unfriended in the yale invite-only webinar
You were only invited to round out the numbers anyway lol
Dkk
16:05
I'm too old to r&r, just gunna kms rn.
Dkk
16:05
Gotta get this show on the road.
Dkk
16:05
Lmfao
JumpySubsequentDolphin
16:05
washu stop emailing me while I’m waiting for a decision challenge
[] baddestbunny
16:05
I'm not in their webinar I just thought it would be a funny thing to have happen
[] baddestbunny
16:05
bc I have a sense of whimsy and imagination
Ah, youre a worm gorl'
shaquilleoatmeal
16:07
battle of the bunnies
How bout dat ASU wave
letsseehowitgoesnow
16:08
bunny hows it looking out there?
[] baddestbunny
16:08
I just think it's weird when a make a joke about everyone in the yale webinar being tortured by a malevolent spirit and someone says you only got invited to round out the numbers
why
go off queen
[] baddestbunny
16:09
which number am I rounding out? 5'4 women who deserve to be tortured?
someone invited to the yale webinar would get it
[] baddestbunny
16:10
if you don't get invited to the yale webinar canada sends you an email letting u know you qualify for MAID
what's that
Send MA ID
BulbasaurNoLikeCardio
16:16
LawHub blocking me from status checker, guess I ain't going to law school now
"Go touch grass" - Lawhub
BulbasaurNoLikeCardio
16:17
Pretty much lol
BulbasaurNoLikeCardio
16:18
Even though its only second check of the day
LSD+ is ad-free, with DMs, discounts, case briefs & more.