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In the CHANCERY COURT of Wikiform Org

In the CHANCERY COURT of Wikiform Org

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what is a court of chancery a court of chancery is a court of equity which means its decisions are based on fairness instead of application of the common law England was the first to establish a Court of Chancery is a forum where people could seek and obtain remedies for disputes not recognised in the common law the common law evolved in England from ancient customs and traditions of the community common law courts would not resolve disputes unless the common law recognized the dispute and provided a remedy this resulted in angry citizens complaining to the king and the eventual establishment of England's Court of Chancery the ultimate purpose of a court of chancery is to avoid injustice by affording equitable relief awarding money damages is not a fair remedy in some cases ingly a Court of Chancery can order equitable relief such as specific performance which common law courts did not recognize specific performance requires a party to fulfill his obligations under a contract f

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