Terms Used In Louisiana Revised Statutes > Title 22 > Chapter 4 > Part III > Subpart K - Limitations On Assignment of Obligations

• Contract: A legal written agreement that becomes binding when signed.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
• Statute: A law passed by a legislature.