Equity & Remedies
COLLECTION ID: KLI-KL-EQ
Equity is a system of higher accountability that supplements legal remedies where ordinary relief is inadequate.
Equitable remedies preserve conscience, prevent unjust enrichment, enforce fiduciary duties, protect trust property, and correct defective transactions. Equity requires clean hands, good faith, proper procedure, identifiable rights, adequate records, and a recognized remedial basis. Equity follows the law. Procedure precedes remedy.
I. Equitable Foundations
Equity Follows the Law
Understand equity as a disciplined remedial system that supplements law without ignoring legal rights or procedure.
Read Article →
Unjust Enrichment
Study when a party may be required to restore a benefit retained without equitable justification.
Read Article →
II. Property‑Based Equitable Remedies
Constructive Trust
Review how equity may require property to be held for the rightful claimant to prevent unjust enrichment.
Read Article →
Equitable Lien
Understand how equity may charge specific property to secure restitution or enforce an equitable obligation.
Read Article →
Subrogation
Study equitable substitution where one party satisfies another's obligation and seeks to preserve reimbursement rights.
Read Article →
III. Conduct‑Based Equitable Remedies
Injunction
Learn how equity may restrain, compel, or preserve conduct where ordinary legal remedies are inadequate.
Read Article →
Specific Performance
Review equitable enforcement requiring performance of a definite obligation where damages are inadequate.
Read Article →
IV. Transaction Correction
Rescission
Understand equitable cancellation and restoration where a transaction is affected by recognized grounds for relief.
Read Article →
Reformation
Study equitable correction of written instruments affected by mistake, fraud, or drafting error.
Read Article →
V. Accountability Remedies
Accounting in Equity
Learn how equitable accounting requires disclosure and organization of transactions to determine rights and remedies.
Read Article →
This collection is published by Kelly Legacy Institute for educational governance literacy only. It does not provide legal advice, financial advice, fiduciary decisions, securities guidance, tax advice, or attorney-client services. Application of legal or equitable principles depends on jurisdiction, facts, governing instruments, and competent professional review.