Sentences with phrase «common property and debts»

The parties have accumulated certain community, joint and common property and debts during the coverture of the marriage which should be equitably divided.

Not exact matches

The spirit in which he went about that work, the results of which have put the world eternally in his debt, is fairly indicated by a memorandum written in his early forties and never intended for publicity: «Believing that I was born for the service of mankind, and regarding the care of the commonwealth as a kind of common property, which, like the air and the water, belongs to everybody, I set myself to consider in what way mankind might best be served, and what service I was myself best fitted by nature to perform.»

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

1) The bondholders could voluntarily agree to move a portion of their claims lower down in the capital structure, swapping debt for equity (preferred or common), allowing the bank to have a larger cushion of Tier - 1 capital, avoiding insolvency, and hopefully allowing the bank to recover by its own bootstraps, preferably assisted by debt restructuring on the borrower side (via property appreciation rights and the like).

Secured credit is that which is backed by a piece of property; common secured debts include mortgage and car loans.

Among the most common types of cases that a lawyer may handle include cases relating to child support, spousal support, custody, visitation, division of property and debt, and divorce.

(5) Subject to subsection (3), if the spouses» first common habitual residence during the relationship between the spouses was in a jurisdiction in which a regime of community of property applies, property owned or acquired and debt owing or acquired during the relationship between the spouses that is property or debt to which the regime of community of property applies must be divided at the end of the relationship between the spouses according to that regime of community of property.

A practice of saving paperwork for one year after the relevant statute of limitations for a lawsuit expires is common, but some kinds of paperwork needs to be retained much longer such as vital statistics records (e.g. birth certificates, marriage certificates and divorce decrees) that can prove citizenship and marital status, documents showing the purchase price of property that may later be sold until it is sold (for tax purposes), documents that prove ownership of property that is still owned, documents that prove final payment of debts, many documents related to a divorce, and many documents related to estate planning.

Major skills: Legal research and consulting; Common Law and Civil Law practice; Business Law practice (Including maritime and aviation law); Incorporation of companies in OHADA member states and in West Africa; Legal assistance of corporate bodies in OHADA member States and in West Africa; Company secretary tasks; Legal translation (French - English / English - French); Training of professionals in Business law practice and court procedures; Negotiation and drafting of business agreements; Debt recovery procedures; Filing of trademarks and patents at OAPI (African Intellectual Property Organisation) and related litigation; Alternative dispute resolution mechanisms (Negotiation, Mediation and Arbitration); Leasing transactions; Drafting of Oil and Gas contracts; Advice on commercial investments options; Legal evaluation and management of projects.

-- Enabling parenting coordination by agreement or court order; — Amending the Commercial Arbitration Act to address family arbitrations; — integrating reproductive technologies into determining a child's legal parents; — Replacing the terms «custody» and «access» with «guardianship» and «parenting time»; — Defining «guardianship» through a list of «parental responsibilities» that can be allocated to allow for more customized parenting arrangements; — Extending the legislative property division regime to common - law spouses who have lived together for two years in a marriage - like relationship or who are in marriage - like relationship of some permanence and have children together; — Excluding certain types of property (e.g. pre-relationship property, gifts, and inheritances) from the pool of family property to be divided 50 - 50; and — Providing that debts are subject to equal division.

Common types of property divided during divorce are real property such as the family home, personal property like jewelry, and intangible property like income, retirement benefits, and debts.

The most common «missing» expenses are repairs and maintenance, property management and vacancy and bad debt.

If buying a small residential property 50/50 with debt, I would seriously consider just buying as tenants in common (TIC) with % listed and have a simple JV agreement that outlines the Ds.

During the liquidation effort, cash generated from operations and property sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.

Such factors include, but are not limited to: the Company's ability to meet debt service requirements, the availability and terms of financing, changes in the Company's credit rating, changes in market rates of interest and foreign exchange rates for foreign currencies, changes in value of investments in foreign entities, the ability to hedge interest rate risk, risks associated with the acquisition, development, expansion, leasing and management of properties, general risks related to retail real estate, the liquidity of real estate investments, environmental liabilities, international, national, regional and local economic climates, changes in market rental rates, trends in the retail industry, relationships with anchor tenants, the inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise, risks relating to joint venture properties, costs of common area maintenance, competitive market forces, risks related to international activities, insurance costs and coverage, terrorist activities, changes in economic and market conditions and maintenance of our status as a real estate investment trust.