appealable interest

An interest in a judgment or order which is direct, immediate, pecuniary, and substantial. More specifically, a party has an appealable interest only when his property may be diminished, his burdens increased or his rights detrimentally affected by the order sought to be reviewed. If his interest or right in and to the subject matter ceases pendente lite, by conveyance, assignment, or otherwise his appealable interest thereby expires, however prejudicial the judgment may be to another. Furthermore, the right invaded or the injury sustained must be subsisting and immediate, not one arising as some possible, remote, unforeseen consequence. Re Michigan-Ohio Building Corp. (CA7 Ill.) 117 F2d 191.

Ballentine's law dictionary. . 1998.

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