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LSDefine

Simple English definitions for legal terms

standstill agreement

Read a random definition: substituted-judgment doctrine

A quick definition of standstill agreement:

A standstill agreement is when people agree to stop doing something. For example, if someone wants to take over a company, they might agree to not try to take it over for a certain amount of time. Or, if someone owes money, the people they owe money to might agree to not ask for the money back right away. It's like hitting the pause button on something.

A more thorough explanation:

A standstill agreement is a type of agreement where one party agrees to stop taking further action. This can be an agreement between two parties or more. It is often used in business to prevent hostile takeovers or to give a company time to restructure its finances.

One example of a standstill agreement is when a company agrees not to make a tender offer to take over another company for a specified period. This gives the target company time to evaluate the offer and come up with a plan to defend itself.

Another example is when financial institutions agree not to call bonds or loans when they are due. This gives the borrower time to restructure their finances and avoid defaulting on their debt.

These examples illustrate how a standstill agreement can be used to prevent aggressive actions and give parties time to negotiate and come up with a mutually beneficial solution.

stand mute | stand trial

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21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
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