Legally Protected Interest Law and Legal Definition
Legally protected interest is defined as “something more than an economic interest. It is one which the substantive law recognizes as belonging to or being owned by the applicant. In sum, a legally protectable interest is an interest that derives from a legal right, and the Eleventh Circuit has in no uncertain terms excluded from this definition "purely economic" interests.” Mid-Continent Cas. Co. v. Basdeo, 2009 U.S. Dist. LEXIS 123981 (S.D. Fla. Aug. 7, 2009)