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in pari delicto

American  
[in par-ahy di-lik-toh] / ɪn ˈpær aɪ dɪˈlɪk toʊ /

adverb

Law.
  1. in equal fault; equally culpable or blameworthy.


Etymology

Origin of in pari delicto

From Latin

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Third Circuit appeals court reversed the district court, which had dismissed the lawsuit using the business judgment rule and the in pari delicto defense.

From BusinessWeek • Sep. 23, 2011

The in pari delicto defense didn’t work, Vanaskie said, because the committee had shown enough evidence that the officers’ breaches of fiduciary duty didn’t benefit the company “but instead benefitted their own self-interest.”

From BusinessWeek • Sep. 23, 2011

Similarly, Lifland said that the so-called in pari delicto defense doesn’t apply to insiders who control the company.

From BusinessWeek • Sep. 23, 2011