marshaling

noun

variants also marshalling
: an equitable doctrine requiring that if one creditor can obtain satisfaction of a claim from only one fund and a second creditor can obtain satisfaction from more than one fund the second creditor must claim against the fund that the other creditor cannot reach

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Cite this Entry

“Marshaling.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/marshaling. Accessed 15 Apr. 2024.

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