Court of Chancery

The Court of Chancery was a historical court in England that handled cases involving equity, which refers to fairness and justice beyond strict legal rules. It addressed issues like trusts, estates, and disputes where traditional courts' remedies (like monetary damages) were insufficient. Instead, it could order personalized solutions, such as enforcing agreements or correcting injustices. Over time, its functions were merged into the regular courts, and today its principles influence modern equity law, which ensures fair outcomes when applying legal rules.