Laches (equity)
Laches ( /ˈlætʃɨz/; f. French, lâchesse, lâches) is an "unreasonable delay pursuing a right or claim...in a way that prejudices the party" When asserted in litigation, it is an equitable defense, or doctrine. The person invoking laches is asserting that an opposing party has "slept on its rights," and that, as a result of this delay, circumstances have changed such that it is no longer just to grant the plaintiff's original claim. Put another way, failure to assert one’s rights in a timely manner can result in a claim being barred by laches. Laches is a form of estoppel for delay. In Latin,
- Vigilantibus non dormientibus æquitas subvenit.
- Equity aids the vigilant, not the sleeping ones (that is, those who sleep on their rights).
Read more about Laches (equity): Overview, Compared To Statute of Limitations