deadlock


deadlock
dead·lock /'ded-ˌläk/ n: a state of inaction resulting from the opposition of equally powerful uncompromising persons or factions: as
a: the state of a jury unable to agree on a verdict see also allen charge
c: a state in which corporate directors are unable to perform their functions because of shareholder voting
deadlock vb

Merriam-Webster’s Dictionary of Law. . 1996.

deadlock
I noun block, blockage, check, checkmate, dead end, dead heat, dilemma, draw, drawn battle, drawn game, frustration, impasse, insoluble difference, no decision, obstruction, paralysis, predicament, quandary, stalemate, stand off, standstill, state of inaction, state of indecision, state of inertia, state of neutralization, stoppage, stumbling block, tie associated concepts: deadlock breaking instructions, deadlocked corporation, jury deadlocked, tie vote II index abeyance, check (bar), clog, draw (tie), halt (noun), halt (verb), impasse, impede, interruption, quagmire, stem (check)

Burton's Legal Thesaurus. . 2006


deadlock
By splitting voting rights of shareholders and directors equally between two interests in a joint venture company, each party can prevent those activities of which it does not approve. If a dispute blows up, the deadlock is difficult to break without one of the parties being bought out.

Easyform Glossary of Law Terms. — UK law terms.


deadlock
Where the parties to an agreement have an irreconcilable conflict. This term is often used in connection with 50:50 joint ventures where neither party to the joint venture has a majority and a conflict arises over the management of the joint venture. Joint venture agreements commonly contain deadlock provisions to resolve such situations.
Related links
+ deadlock
USA
+ deadlock
USA
Where the owners of a company or parties to an agreement have an irreconcilable conflict. This term is often used in connection with 50:50 joint ventures where neither party to the joint venture has a majority interest and a conflict arises over the management of the joint venture. Joint venture agreements commonly contain deadlock provisions to resolve such situations.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.