Sentences with phrase «asset freeze also»

The 1.24 billion yuan ($ 183 million) asset freeze also affects Jia's wife and three businesses affiliated with LeEco, which has been struggling for months with a cash crunch.

Not exact matches

He also cited a single late payment in July as being one of the key causes of LeEco's cash - flow problems, saying it led to the freezing of his assets and prompted a slew of early loan recoveries.

May also said that Russians under suspicious would have their assets frozen, and that the British Royal Family and government ministers would not attend the 2018 World Cup in Russia.

The designation also freezes any US assets of the listed entity.

Moreover, the same order from Judge Zobel also froze assets related to three relief defendants: Kimberly Renee Benge, Barbara Crater Meeks, and Erica Crater, all of whom have been linked to the company and whom allegedly received customer funds «without providing any legitimate services to clients and without any interest or entitlement to such customer funds.»

This will involve taking or freezing assets directly when they can be identified, but also destroying drug crops and blocking the transfers of funding to al - Qaeda and the religious «education» institutions that provide its recruiting base.

«We are also consulting with the administration on possible sanctions actions against individual Russians and Ukrainians that range from visa bans and asset freezes, to the suspension of military cooperation and sales, as well as economic sanctions,» the New Jersey Democrat said.

«It observes also that Mr. President withheld assent to the Currency Conversion (Freezing) Orders Act (Amendment) Bill on the concern regarding modalities for the communication of Asset forfeiture.»

This will also protect the companies assets and funds from being frozen by any debt collector looking to collect the money you may owe them.

You may also become worried of your assets being frozen because of judgments.

MIC sought to enforce this judgment debt against Naftogaz's assets in England by obtaining (i) a freezing order against Naftogaz in relation to its shares in a UK oil company; (ii) a default judgment against Naftogaz in the sum of such debt («English Default Judgment»); and (iii) a third party debt order requiring share dividends due to Naftogaz to be paid instead to MIC and also a charging order in favour of MIC in respect of such shares.

In Al - Dulimi, the European Court of Human rights held a UN member state which is also a member to the ECHR and that had implemented a Security Council decision on targeted sanctions by freezing the assets of a blacklisted person, remains fully responsible for violation of Art. 6 ECHR (right of access to a Court).

In reaching this decision, the Jersey Royal Court has demonstrated not only that it will take an innovative and pragmatic approach to ensure that freezing orders are effectively policed, but also that it will assist foreign courts in the enforcement of judgments by ordering judgment debtors within its jurisdiction to make disclosure of their worldwide assets.

He has also recently been in major disputed contempt proceedings, representing Mr Sergei Maksimov, the former President and majority shareholder of VAB Bank, formerly a leading Ukrainian bank, in contempt proceedings relating to worldwide freezing orders and allegations of non-disclosure and dealing with assets in breach of the orders.

We also locate, and if necessary, freeze tangible assets or real estate.

There needs also to be action taken by members when identifying such activity such as sharing information with the relevant agencies or regulators or freezing assets or accounts.

Once such evidence has been located and preserved by court order, the victim may, in appropriate circumstances, also be granted an order of the court to freeze such bank accounts (or other assets)(a Mareva injunction) until the final court determination of the victims claims.

He has extensive experience of commercial litigation (including advisory work) in a wide variety of areas, both in the English Commercial Court (and on appears therefrom) and also domestic and international arbitrations, such as carriage of goods, sale of goods, fraud claims, asset tracing, insurance and reinsurance, contractual and non-contractual termination, jurisdictional disputes, worldwide and other freezing orders, anti-suit injunctions, arbitration disputes, service out of the jurisdiction, guarantee disputes, bills of exchange, and documentary credits.

In addition to proving a strong prima facie case, a moving plaintiff must also show why the freeze is necessary — that is, some reason to believe that assets will be dissipated if the order is not granted.

You can also apply for an injunction to freeze your spouse's assets.

Richard also has considerable experience of asset - tracing and freezing orders which can enhance the likelihood of the client's successful enforcement of any award or judgment.

It is also of significance that the three pronged approach — no - fly zone / aerial patrols / bombardment coupled with wide - ranging asset freeze has not as yet yielded any apparent abatement of the situation on the ground for civilians, almost two months after violence erupted.

Bank accounts and proceeds from the sale of any assets that has already taken place can also be frozen.

Disclosure orders also form part of the standard freezing injunction which requires the defendants to disclose their assets in a matter of hours.

We also represent our clients in asset and tax investigations, asset tracing, asset freezing and seizure.

Paige is also seeking a restraining order against defendants Bitconnect and Maasen for the freezing of assets and the disclosure of a bitcoin wallet address «so their money can be appropriately monitored.»