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Simple English definitions for legal terms

qui cedit foro

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A quick definition of qui cedit foro:

Term: QUI CEDIT FORO

Definition: Qui cedit foro is a Latin term that refers to someone who stops payment or becomes bankrupt.

A more thorough explanation:

QUI CEDIT FORO

Qui cedit foro (kwIsee-dit for-oh) is a Latin term that refers to a person who stops payment or becomes bankrupt.

Example 1: John was unable to pay his debts and had to file for bankruptcy. He is now considered qui cedit foro.

Example 2: The company's financial situation was so bad that it had to stop all payments to its creditors. The company is now known as qui cedit foro.

The term qui cedit foro is used to describe a person or company that is unable to pay their debts and becomes bankrupt. The examples illustrate how a person or company can become qui cedit foro due to financial difficulties.

quibus non existentibus | quick asset

General

General chat about the legal profession.

General >T14 Off Topic

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windyMagician

15:38

why would you withdraw girl

sadpadresfan

15:38

@ImpartialLion: nah cuz there’s no way of knowing if they would’ve sent u an II later on

sadpadresfan

15:38

Isn’t uchicago like Top 4 tho

choosingpeace

15:38

@cumsock: they said there's like nothing to do there lol

choosingpeace

15:38

ive never been so i was just like ohhh

texaslawhopefully

15:38

UChicago is number one

windyMagician

15:39

^ period

ImpartialLion

15:39

u know it was a double thing. I missed II and my gf didn't want to live in the midwest anymore

sadpadresfan

15:39

But it’s fucking uchicago thooo LOL

sadpadresfan

15:39

I

sadpadresfan

15:40

Makes sense tho

cumsock

15:40

@choosingpeace: there’s plenty to do in Philly 😂 it’s a giant city

ImpartialLion

15:40

So after missing the II, I was like whatever. Maybe it's a sign to withdraw

windyMagician

15:40

nah making decisions off the gf is out of pocket

ImpartialLion

15:40

nahhhhh we been together since 10th grade

texaslawhopefully

15:40

I guess it depends what your goals are. If it's generic biglaw, CLS will get you the same outcome

ImpartialLion

15:40

6 yrs on January 30th

lilypadfrog

15:40

awwww <3 i love love

ImpartialLion

15:41

I also like CLS for liberal clerking. approx 41 FCOA clerks per yr

ImpartialLion

15:41

It's there if I excel. if not then I'm chill with sticking to BL

texaslawhopefully

15:41

CLS is not even close to Chicago for clerking lmao

choosingpeace

15:41

wait would yall pick CLS or penn?

windyMagician

15:42

I didn't apply to either but I would pick penn

PuppyBot

15:42

penn bc im in state

ImpartialLion

15:42

no no it's not. But I wouldn't clerk conservative, so idk about Chi #s for myself

cumsock

15:42

Penn

texaslawhopefully

15:42

I guess that's fair. From what I've heard UChicago for conservatives is on par w/ HYS for clerkships

texaslawhopefully

15:42

not sure about for liberals

cumsock

15:43

They’re very similar tho

cumsock

15:43

Both t6 ivies

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