Appellate Courts

What are 'Appellate Courts'

Appellate courts are the part of the judicial system that is responsible for hearing and reviewing appeals from legal cases that have already been heard in a trial-level or other lower court. Persons or entities such as corporations having an unsuccessful outcome in a trial-level or other lower court may file an appeal with an appellate court to have the decision reviewed. Appellate courts are present at the state and federal levels.

BREAKING DOWN 'Appellate Courts'

Appellate courts exist as part of the judicial system to provide those who have judgments made against them an opportunity to have their case reviewed. A corporation with an unfavorable judgment against them will likely see a drop in share price but an appeal could overturn this previous ruling. If an appeal is successful, the stock price usually jumps.


Courts at the appellate level review the findings and evidence from the lower court and determine if there is sufficient evidence to support the determination made by the lower court. In addition, the appellate court will determine if the trial or lower court correctly applied the law. The highest form of an appellate court in the United States is the United States Supreme Court which hears only appeals of major importance and consequence.

RELATED TERMS
  1. Appeal Bond

    An amount of money placed in holding while the appeal is being ...
  2. De Novo Judicial Review

    A standard of review that does not place weight on the previous ...
  3. Bankruptcy Court

    What is bankruptcy court?
  4. Tax Court

    A specialized court of law that hears and adjudicates tax-related ...
  5. Stare Decisis

    A Latin term meaning "to stand by that which is decided". Stare ...
  6. Default Judgment

    A binding judgment issued by a court in favor of the plaintiff ...
Related Articles
  1. Professionals

    Secondary Authority & Research Sources

    Secondary Authority
  2. Economics

    The Court Cases That Have Shaped US Sales Tax Law: How They Apply Today

    Explore two Supreme Court cases that established legal precedent for the treatment and apportionment of sales taxes at the state level.
  3. Professionals

    Criminal Penalties and Other Provisions

    FINRA/NASAA Series 63: Section 5 Criminal Penalties and Other Provisions. In this section criminal penalties, conviction, statute of limitations and other provisions.
  4. Taxes

    Must Do No. 8: Assign TOD Designations

    Find out what you need to prepare to avoid serious estate planning mistakes.
  5. Options & Futures

    So, You Want To Take Your Broker To Court

    Find out how to file a claim with your broker and what you can expect throughout the process.
  6. Personal Finance

    The Benefits And Pitfalls Of Joint Tenancy

    This arrangement allows beneficiaries to access your account without having to go to court.
  7. Retirement

    Why You Should Draft A Will

    Don't trust the courts to follow your wishes - plan the distribution of your own assets.
  8. Personal Finance

    Which Estate Transfer Technique is Right for You?

    This article explains the difference between the two estate transfer methods -- a will and a trust, and the circumstances under which each can be used.
  9. Credit & Loans

    Saving On Bankruptcy Costs

    Going bankrupt is awful enough without worrying about ways to pay for it. Here's how to save on lawyers, filing fees and other inevitable costs.
  10. Professionals

    Other Penalties and Liabilities: Criminal

    FINRA/NASAA Series 66 - Other Penalties and Liabilities: Criminal. In this section Criminal penalties for USA violation and sample questions on administrator's powers.
RELATED FAQS
  1. How do I get information about my bankruptcy case?

    Learn about different places to search when seeking information about an individual's bankruptcy. Learn about Public Access ... Read Answer >>
  2. Does bankruptcy information go on the public record?

    Learn about the public record and whether or not bankruptcy documents are included. Explore situations where certain bankruptcy ... Read Answer >>
  3. In what context is a corporation considered to be an individual entity?

    Read about when a corporation is considered an individual entity, when it is not and why corporations are not considered ... Read Answer >>
  4. Which constitutional amendment made income tax legal?

    The story of income tax is ripe with stops, starts and court battles. Due to British taxation being one of the triggers that ... Read Answer >>
  5. A sales representative or broker-dealer that violates the Uniform Securities Act ...

    The correct answer is a. The sales representative or broker-dealer is required to pay interest, court and attorney’s fees ... Read Answer >>
  6. Why is the Moving Average Convergence Divergence (MACD) important for traders and ...

    Take a look inside one of the most popular and widely trusted technical indicators, the moving average convergence divergence, ... Read Answer >>
Hot Definitions
  1. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  2. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  5. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  6. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
Trading Center