Sentences with phrase «claim against an asset»

A legal claim against an asset in which the asset can (usually) be confiscated or held if payment of a loan is unsatisfactory.

Lawsuit Risk: When you remove money from your 401K retirement account you lose the protection those assets have from lawsuits, bankruptcy and other claims against your assets.

Once notified, all creditors have the chance to inform you of their claim against assets in the estate.

In the event of a bankruptcy, the source said, the suppliers may not be able to file claims against the assets in an offshore entity like FF Cayman Global.

Not exact matches

WEINSTEIN NDAs: The Weinstein Co, which failed in the wake of sexual harassment claims against co-founder Harvey Weinstein, filed for bankruptcy yesterday with plans to sell its entertainment assets.

The law recognizes the corporation as a separate legal entity and any claims that are made against the corporation can only be paid from corporate assets.

The movie studio filed for bankruptcy in the wake of sexual harassment claims against co-founder Harvey Weinstein, and its assets went up for sale.

The bonds in the Social Security trust fund aren't real assets: Instead, they are claims against future revenue.

Portis won't reveal exactly how much he lost through these alleged misdeeds, but among the assets in his 2015 bankruptcy filings he included a $ 1 million note from Ahmed's firm as well as «potential» claims of $ 2 million and $ 8 million against Brahmbhatt's and Rubin's firms, respectively.

In addition, the Governing Council announced it would purchase asset - backed securities with underlying assets consisting of claims against the euro area non-financial private sector and euro - denominated covered bonds issued by monetary financial institutions (MFIs) domiciled in the euro area.

Thiel, who bid for Gawker's assets on Jan. 10, also agreed to release claims against an eventual buyer and authors of articles on the website, as well as not fund new litigation against Gawker over its archives.

«But the real secret of the church's financial strength is that each of the 178 Roman Catholic dioceses in the U.S. organizes its affairs separately; nearly all employ a highly complex and decentralized legal structure that so far has effectively shielded their assets from legal claims brought against priests.»

After release of the escrow funds, the Company has remaining claims of approximately R$ 2.8 million that will be pursued against assets held by the defendants in Brazil

Collection, lawsuit, claims, wage and pension garnishees, and execution against assets and bank accounts are suspended on filing bankruptcy.

Since in this liquidation bankruptcy your creditors can stake claim on your properties, make sure that you don't have assets that are valuable enough for the creditors to file against.

Liability coverage protects your family by making sure that the assets you've worked so hard to build don't get snapped up by someone who thinks they have a claim against you for bodily injury or property damage.

A tax lien is defined as a state or federal claim against a company's assets or property due to their failure to satisfy a tax bill on time.

Unsecured debt is held by creditors that have no claim to your assets, unless they file suit against you (i.e. credit cards).

For just pennies a day, your family can be protected against the risk of loss to personal property as well as the risk of loss of assets due to a liability claim.

At the maturity of a reverse mortgage loan, the lender will have a claim against your property and you or your heir (s) may need to sell the property to repay the loan, or repay the loan from other assets in order to retain the property.

Be clear in your mind the difference between claiming an asset is a hedge against inflation because - «its returns exceed inflation», and the claim that an asset is a hedge because - «its returns are correlated with inflation».

Assets include real property, personal property, and enforceable claims against others (including bank accounts, stocks, mutual funds, and so on).

Banking laws prevent creditors from claims or liens against mutual fund assets held by a bank custodian.

First, you need Albany renters insurance liability even if you don't own anything because if there is a judgement or claim against you, it can attach to future assets and earnings as well as things you have now.

Assets include real estate property, personal property, vehicles, and enforceable claims against others (bank accounts, stocks, mutual funds, etc.).

Pick a member agent you would like to talk with to ensure that you, your family and your assets are sufficiently protected from any liability claims that could unexpectedly be filed against you.

If the situation goes unresolved, the government can file a claim against property (Federal tax lien), seize property and assets (Federal tax levy), take part or all of a tax refund and garnish wages.

It protects the assets and future of the insured against major claims and lawsuits.

Tax lien: The IRS or a local taxing authority may file a claim against a defaulting tax debtor's property or assets for overdue or delinquent federal income or real estate taxes.

A lien is a lender's claim against a collateral asset that may be legally sold should the borrower fail to repay a loan.

If the counterparty (The Globe and Mail reported that the initial counterparty is National Bank) becomes bankrupt, unitholders will not have any recourse against its assets but will have an unsecured claim against the counterparty.

A tax lien is the government's claim against a consumer's assets, and it negatively impacts credits cores.

Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash assets, on such terms and at such prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining assets of the Company, and, subject to statutory limitations, to take all other actions necessary to wind up and liquidate the Company's business and affairs.

We do not intend to make any further distributions until after we sell, liquidate or otherwise dispose of our remaining non-cash assets, consisting primarily of our RenovaTM Cortical Stimulation System and related intellectual property, and pay or otherwise make reasonable provision for the payment of claims against and obligations of Northstar.

With the game based around the three factions being constantly trapped within a war, you can place war assets after winning a match to have a global effect and push against the factions that you didn't choose so you can push forward and claim more land which gives you a reward after the season is finished this applies to everyone so the more games you play the more likely you will have a effect on the war and help claim more land and get better rewards, you obviously still get rewards if you are the losing sides just they wont be as great as the others.

The enforcement of financial claims against criminal offenders is now handled by the criminal justice authorities, who distribute the assets among the victims.

Sometimes a claim is brought against such a driver to obtain personal assets, but usually, the underinsured claim is made against your own automobile insurance policy.

However, if your assailant does have assets, then you are able to bring a claim against them.

He is regularly instructed on disputes concerning civil fraud and asset tracing, banking and other financial litigation, and company law disputes of one sort of another (including shareholder disputes or claims against directors).

Acting for a manufacturer in a claim against an employee for the misappropriation of over # 300,000, obtaining injunctive relief over relevant assets within 24 hours of being instructed.

These include shareholder and partnership disputes; the investigation and pursuit of civil fraud claims against directors, employees and third parties; international asset tracing; professional negligence claims (including against office holders); Company law claims such as minority shareholder petitions (Section 994 Petitions) and specialist applications in relation to the conduct and control of companies; contract disputes; challenges to share sale consideration; and directors» disqualification proceedings.

Erste Group AG v Red October (with Richard Snowden QC and Richard Morgan QC): conspiracy claims brought by an Austrian bank against Russian state entities involving allegations that a corporate borrower was stripped of its assets and forced into insolvency to avoid its liabilities under a US$ 80 million loan facility.

Mr Maksimov was accused of dealing with assets in breach of worldwide freezing orders that had been granted against him and companies associated with him in support of claims for more than US$ 200 million brought in LCIA arbitration proceedings.

Represent Real Estate Developers seeking to shield personal assets from claims against properties they own

The complexity of bringing a lawsuit against the government, including the need to comply with statutory requirements in filing a notice of claim for injury, make the assistance of an experienced attorney a valuable asset in any accident or injury case in which a government entity may be at fault.

We developed a novel approach to resolving the over $ 10,000,000 in secured and unsecured claims against the companies to allow for the sale of the companies» assets.

The new trustees now faced a classic dilemma; at the point where funds available were lowest, they had to decide whether to proceed with a case against the original trustees with all the inherent risks that entailed in terms of adverse costs if they lost or, not take action but risk a future claim by the trust's beneficiaries for failing to carry out their duties in properly preserving the trust's assets.

We are experienced in all manner of civil claims based on dishonesty, including those based on misrepresentation or on accessory liability for a breach of fiduciary duty, both at the corporate and individual level; and in the various techniques of asset recovery, including tracing, the imposition of constructive trusts, claims against third parties who have participated in or received proceeds from the fraud and piercing of the corporate veil.

Mr Maksimov was accused of dealing with assets in breach of worldwide freezing orders that had been granted against him and companies associated with him in support of claims for -LSB-...]

Incorporation protects your personal assets from lawsuits against your nonprofit and its creditor claims.