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LSDefine

Simple English definitions for legal terms

reverse consensus

Read a random definition: standard policy

A quick definition of reverse consensus:

Reverse consensus is an agreement between parties involved in a dispute that they will not submit the dispute to a World Trade Organization panel for adjudication. This agreement is made during a dispute-settlement procedure under TRIPs. Previously, any party could delay the formation of a WTO panel or adoption of its report by withholding consensus. However, under TRIPs, the process is automatic unless all parties agree not to go forward.

A more thorough explanation:

Definition: Reverse consensus is an agreement between parties involved in a dispute that the issue should not be taken to a World Trade Organization panel for resolution. This agreement is made during a dispute-settlement procedure under TRIPs.

Example: Let's say two countries are in a trade dispute and have reached a point where they need to seek resolution through the World Trade Organization. However, they may decide to come to a reverse consensus and agree not to take the issue to a WTO panel for adjudication. This means that the dispute will not be resolved through the WTO process, and the parties will need to find another way to resolve their differences.

Explanation: Reverse consensus is a way for parties to avoid the automatic dispute resolution process under TRIPs. Instead of going through the formal process of forming a WTO panel and adopting its report, the parties can agree not to move forward with the process. This can be useful when the parties believe that they can resolve the dispute more effectively through other means, such as negotiation or mediation.

reverse-confusion doctrine | reverse contingent fee

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13:56
went complete at penn a month ago with still no UR
jackfrost11770
13:56
How was that too ambitious of a thought
jackfrost11770
13:57
March at the very least atp
13:57
@llama: thank you!!! 44 apps thats crazy dude
Trismegistus
13:57
jack me too buddy
lilypadfrog
13:57
@info-man: I applied like a week before you and just went UR a couple days ago you’ll get there in a minute
13:57
I'm actually never gonna hear from BU
13:57
definitely not ambitious at all. this cycle's turning out to be as slow as the last one probably due to high app volume
13:57
@lilypadfrog: okay cool good to know
13:58
i really think they should push back seat deposits to june
13:58
its unfair
jackfrost11770
13:58
Recent boo I applied to BU in Oct
13:59
I've been complete since mid Sept:(
13:59
If I knew I would still be waiting in January I probably wouldn't have applied so early
jackfrost11770
14:00
Me neither
jackfrost11770
14:00
Someone applied to nyu in December and got today
jackfrost11770
14:00
I mgoikg to lose my fucking mind
14:01
re seat deposit: does any1 know if u can request to delay 1st seat deposit? some school are really early it seems
[] starfishies
14:02
if they delayed decisions we should be able to delay deposits... but we do not live a perfect world so i doubt it
lilypadfrog
14:03
yeah you can request an extension. usually it’s like a week though
14:03
i need tips for not falling asleep at work
drugs
14:03
can we talk about something interesting like i dont know drugs sex death
ReminiscentZestyFish
14:04
Everyone admitted to penn looks like above medians
14:04
time to harass glove on linkedin
lilypadfrog
14:06
that’s a good way to stay awake. tell him to come back here
14:08
lily i broke a rubber band already
14:08
le sigh
lilypadfrog
14:08
damn you get vicious with it. just pinch yourself or something
lilypadfrog
14:09
don’t break your finger
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