Русско-англо-русский юридический словарь

Equity is a particular body of law that was developed in the English Court of Chancery.[1] It is not a synonym for 'general fairness' or 'natural justice'. It exists in domestic law, both in civil law and in common law systems, and in international law.[1] The tradition of equity begins in antiquity with the writings of Aristotle (epieikeia) and with Roman law (aequitas).[1][2] Later, in civil law systems, equity was integrated in the legal rules, while in common law systems it became an independent body of law. (Wikipedia)

Here, the Court of Chancery applied the savings statute in the context of claims alleging that, in a course of conduct dating back to 2013, majority LLC members managed the company to protect their affiliate’s status as a senior secured creditor and drive the company into bankruptcy, all to eliminate the minority members’ interests. (JD Supra)