Investopedia / Jiaqi Zhou The term “bailment” refers to a legal relationship between two parties in common law, where assets or property are transferred from a bailor to a bailee. In this ...

This relationship, referred to in legal terms as a bailment, is based on a contractual agreement between the bailor and the bailee. The bailment specifies the terms and purpose of the change in ...

LEXIS 83430 (E.D. May 7, 2024), illustrates the difficulty in squeezing the square peg of a breach of contract claim into the round hole of tort or bailment. In Lotte, the plaintiff, Lotte ...

Read about the judgement here. The apex court also examined whether valet parking offered by hotels can be treated as a contract of bailment, which is defined under Section 148 of The Indian ...

R.I., San Pedro A: When you turn your vehicle over to the valet, the law treats that as a “bailment” — the temporary transfer of personal property to another’s possession. The valet (the ...