The Bahamas
Legal System
English Common Law is the foundation of Bahamian Law and its legal system.
Generally speaking common law, as opposed to civil or socialist law, is a type of legal system where legislation is continually evolving. Courts refine and create laws on a case-by-case basis. When resolving a legal dispute, in the ideal world, a common law court looks to precedents set by other courts. What this means is that when a court is resolving a dispute, it must look to see if a similar dispute was resolved in the past. If one has, then the present day court is obligated to following the same reasoning used in the prior case; this principle is called stare decisis. On the other hand, if the dispute is totally unique, the court may resolve the matter itself using general guidelines. This new decision then becomes the precedent to which all future cases are bound. Over the years, the precedents created by past decisions coalesce into a complicated set of rules that apply to a wide array of case; this collection of rules is known as “common law”. Of course, common law systems are much more complex in practice, nevertheless the principle of stare decisis as described above, is the foundation of all common law systems.
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Latest news
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FIIs’ equity exposure falls, but their numbers rise sharply in ’08 - Financial Express
Google News - Mauritius, 17-February-2008
[full story]
FIIs’ equity exposure falls, but their numbers rise sharply in ’08
Financial Express, India - 2 hours ago
The UK’s share is 11 and six took the Mauritius route. Others came from destinations as diverse as the Cayman Islands and the Bahamas. ... -
FIIs’ equity exposure falls, but their numbers rise sharply in ’08 - Financial Express
Google News - The Cayman Islands, 17-February-2008
[full story]
FIIs’ equity exposure falls, but their numbers rise sharply in ’08
Financial Express, India - 2 hours ago
Others came from destinations as diverse as the Cayman Islands and the Bahamas. Market experts are not worried over the new trend of declining capital flows ... -
FIIs’ equity exposure falls, but their numbers rise sharply in ’08 - Financial Express
Google News - The Bahamas, 17-February-2008
[full story]
FIIs’ equity exposure falls, but their numbers rise sharply in ’08
Financial Express, India - 2 hours ago
Others came from destinations as diverse as the Cayman Islands and the Bahamas. Market experts are not worried over the new trend of declining capital flows ...
Benefit from the bond market Business Line
all 2 news articles