FOLIO Ontology

Friendly Co-Party

IRI:
https://folio.openlegalstandard.org/R9OQgWwumb1SAaSfzauESQ1
Preferred Label N/A
Alternative Labels
Aligned Counterparty Allied Co-Party Cooperative Co-Party Supportive Co-Party

Definition

A co-party in a legal or transactional matter whose interests and actions align with those of a specific client, even though they may be formally independent. Friendly co-parties generally cooperate and collaborate to achieve shared or mutually supportive outcomes within the matter.

Class Relationships

Is Defined By

N/A

See Also

Children 0

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Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available