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Before issuing the loan, the bank insisted on a warrant of attorney to allow its counsel to confess judgment if the borrower defaulted.
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Before issuing the loan, the bank insisted on a warrant of attorney to allow its counsel to confess judgment if the borrower defaulted.
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Related words
warrant of attorney
Noun
US
Japanese Meaning
米国法における文書。債務者が自らの債務を認め、その認識を弁護士を通じて裁判所で証明させることで、訴訟などの法的手段を回避するためのもの。
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