Legal Definitions - in statu quo

Term: IN STATU QUO
Definition: In statu quo means "in the state in which it was before" or "in the current state of affairs". It refers to maintaining the current situation or keeping things the way they are.
Example: The company decided to leave things in statu quo until they could gather more information about the potential merger.
Explanation: In this example, the company decided to maintain the current state of affairs until they had more information. They did not want to make any changes until they had a better understanding of the situation.
Example: The government decided to keep the tax laws in statu quo for another year.
Explanation: In this example, the government decided to maintain the current tax laws for another year. They did not want to make any changes to the tax system until they had more time to study the issue.