Sentences with phrase «bank enforce the judgment»

Not exact matches

After completing the necessary processes with the California Courts to enforce the judgment, the Company has received and presented definitive legal documents from the California Court to the escrow agent at the bank clearing the way for the release of funds and expects that the US$ 1.9 million will be released to the Company before the end of the month.

If a judgment is obtained in an English Court against the Bank how is it enforced?

According to them, the Bank's aim was to enforce the judgment in the DIFC and then take it for execution in the Dubai Courts, relying on the reciprocal enforcement mechanisms available under Article 7 of the Judicial Authority Law (these provide for the mutual enforcement of judgments between the DIFC Courts and the Dubai Courts).

Unless the company either pays what it owes before the case (including your legal costs) or offers a convincing defence at trial, you will then have a judgment against it, which you can enforce against the company's assets or bank account.

National Westminster Bank Plc v Bowles: [2006] EWHC 2024 (Comm); [2005] EWHC 182 (QB) Acted on behalf of a bank seeking to enforce a guarantee, and in opposing application to set aside a default judgmBank Plc v Bowles: [2006] EWHC 2024 (Comm); [2005] EWHC 182 (QB) Acted on behalf of a bank seeking to enforce a guarantee, and in opposing application to set aside a default judgmbank seeking to enforce a guarantee, and in opposing application to set aside a default judgment.

DIFC Court enforces New York court judgment: The DIFC Court has enforced a judgment of the Supreme Court of the State of New York for the first time in (1) Barclays Bank PLC (2) Credit Suisse Loan Funding L.L.C. (3) Midtown Acquisitions L.P. (4) Special Situations Investing Group Inc v Essar Global Fund Limited [2016](DIFC CFI 036).

The judgment confirmed that the DIFC Court has jurisdiction to enforce foreign court judgments, following the decision of the DIFC Court of Appeal decision in the DNB Bank ASA v Gulf Eyadah Corporation & another [2015] DIFC CA 007 which «dealt authoritatively» with the question of the DIFC Courts» jurisdiction in this area and unanimously rejecting arguments raised by the Defendant to the contrary.

If there is economic harm as a result, seeking an order for a monetary sanction in divorce court and enforcing it has a judgment once entered (e.g. garnishment of wages and bank accounts, seizures of property).