And what is the Court of Chancery?

什么是衡平法院？

So really, it's an equitable argument.

那么此案事关衡平法。

My name is Travis Laster, and I'm here today because I'm a member of the Delaware Court of Chancery.

我叫特拉维斯·拉斯特，我今天来到这里是因为我是特拉华州衡平法院的成员。

So a court of equity is an artifact of, really, the Middle Ages legal system in Britain.

因此，衡平法院实际上是英国中世纪法律体系的产物。

Specifically, no new encroachments at the expense of the common law courts by the Chancery were allowed.

具体来说，不允许衡平法院以牺牲法法院为代价进行新的侵占。

So that is the entry point for business jurisdiction in the Court of Chancery.

这就是衡平法院业管辖权的切入点。

The court of chancery, as a court of conscience, first took upon it to enforce the specific performance of agreements.

衡平法院作为法院， 首先承担的是强制执行协议的具体履行。

And what about the Court of Chancery?

那么衡平法院呢？

One thing that makes the Court of Chancery especially special is there are no juries.

衡平法院特别特别的一件事是没有陪审团。

There are only three states that have a separate Court of Chancery: Delaware, Tennessee, and Mississippi.

只有三个州设有独立的衡平法院：特拉华州、田纳西州和密西西比州。

So the Chancery Court is a great advantage of Delaware.

所以衡平法院是特拉华州的一大优势。

It persisted in Delaware because part of the traditional jurisdiction of the Court of Chancery is over fiduciary relationships.

它在特拉华州持续存在，因为衡平法院的传统管辖权的一部分是针对信托关系的。

The organization of Chancery, its congestion and venality (that is, association with corruption or bribery) were also used as effective weapons.

衡平法院的组织、其拥挤和贪婪（即与腐败或贿赂的联系）也被用作有效的武器。

A Court of Chancery judge recently ruled that Delaware could not stop the move, though he allowed shareholders to sue for compensation.

衡平法院法官最近裁定， 特拉华州不能阻止此举，但允许股东提起诉讼要求赔偿。

Such causes, therefore, for some time, went all to the court of chancery, to the no small loss of the courts of law.

因此，在一段时间内，此类案件全部诉至衡平法院，给法院造成了不小的损失。

The courts at both the federal level and the state level perform the dual function of law and equity.

联邦和州一级的法院都发挥着法律和衡平法的双重职能。

Equity includes the law of real property, trusts, partnerships, bankruptcy, the interpretation of wills and the winding up of estates.

衡平法包括不动产法、信托法、合伙企业法、破产法、遗嘱解释法和遗产清盘法。

By virtue of the Acts, all English courts became empowered to apply the rules of common law as well as those of Equity.

根据这些法案，所有英国法院都有权适用法和衡平法规则。

Equity is a body of rules that were given effect by the Chancery to correct English law in the course of history.

衡平法是大法官办公室为在历史进程中纠正英国法律而实施的一系列规则。

The United States adopted the dual system of law and equity along with the general principles of the common law system.

美国采用了法律和衡平法的双重制度以及法制度的一般原则。