The term “Finem facere” in Latin refers to reaching a compromise or settlement by either paying a sum of money or providing security for a specific amount. In earlier times, judges had the authority to either keep an offender in custody or imprison them, but they also had the option to allow the offender to pay a fine to resolve the issue. The fine was not imposed, but rather treated as a mutual agreement or negotiation. Magna Carta placed restrictions on fines that were unjustly imposed and went against the laws of the country.
The term “finem facere” in Latin refers to reaching a compromise or settlement by paying a sum of money. Previously, judges had the authority to detain individuals, but they also had the option to permit the wrongdoer to settle the matter by paying a fine to the king. This fine was not imposed, but rather negotiated through a bilateral transaction. For instance, if someone committed a crime, they could choose to pay a fine to the king instead of being incarcerated. The Magna Carta placed restrictions on fines that were unjust and violated the laws of the country.
“Finem Facere” is a Latin term that translates to “to make an end.” In legal contexts, it refers to the act of settling a legal dispute or reaching a resolution.
To initiate a Finem Facere, you can either propose it to the opposing party or request it through your legal representative. It is important to ensure that both parties agree to engage in this process voluntarily.
Yes, Finem Facere can be legally binding if both parties reach a mutually acceptable agreement and formalize it through a legally recognized document, such as a settlement agreement or consent order.
Finem Facere can be used in various types of legal disputes, including civil, commercial, and family law matters. However, its suitability may depend on the specific circumstances of each case.
Finem Facere offers several advantages over litigation, including cost-effectiveness, time efficiency, confidentiality, and the ability to maintain control over the outcome. It also promotes a more cooperative and collaborative approach to resolving disputes.
Yes, if Finem Facere fails to reach a resolution, you can still pursue litigation. Engaging in Finem Facere does not waive your right to seek legal remedies through the court system.
The settlements reached through Finem Facere must comply with applicable laws and regulations. They should not involve illegal activities or violate public policy. Additionally, certain matters, such as criminal cases, may not be suitable for Finem Facere.
Yes, Finem Facere can be used in international disputes. However, it is important to consider the jurisdictional issues, enforceability of the settlement, and any applicable international laws or treaties.
While it is possible to engage in Finem Facere without legal representation, it is generally advisable to seek legal advice to ensure your rights and interests are protected. An experienced attorney can guide you through the process and help negotiate a fair settlement.
If one party breaches the Finem Facere agreement, the non-breaching party may have legal remedies available, such as seeking specific performance, damages, or other appropriate relief. The specific consequences will depend on the terms of the agreement and applicable laws.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 16th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/finem-facere/
- Modern Language Association (MLA):Finem Facere. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/finem-facere/.
- Chicago Manual of Style (CMS):Finem Facere. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/finem-facere/ (accessed: May 09 2024).
- American Psychological Association (APA):Finem Facere. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/finem-facere/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts