Equity (law)
In the field of jurisprudence, equity is the particular body of law, developed in the English Court of Chancery,[1] with the general purpose of providing legal remedies for cases wherein the common law is inflexible and cannot fairly resolve the disputed legal matter.[2] Conceptually, equity was part of the historical origins of the system of common law of England,[2] yet is a field of law separate from common law, because equity has its own unique rules and principles, and was administered by courts of equity.[2]
This article is about the area of law. For remedies offered by this area of law, such as injunctions and specific performance, see equitable remedy. For other uses, see Equity.Equity exists in domestic law, both in civil law and in common law systems, and in international law.[1] The tradition of equity begins in antiquity with the writings of Aristotle (epieikeia) and with Roman law (aequitas).[1][3] Later, in civil law systems, equity was integrated in the legal rules, while in common law systems it became an independent body of law.[1]
For a history of equity in England, including the Statute of Uses 1535:
For a general treatise on Equity, including a historical analysis:
For a brief outline of the maxims, doctrines and remedies developed under equity: