Sentences with phrase «dispose of their assets by»

Unreasonable testamentary behaviour of the deceased may be considered, but English law, the court confirmed, recognizes the freedom of individuals to dispose of their assets by will in whatever manner they wish, subject to the statutory requirement to make reasonable financial provision for a limited class of persons.

Not exact matches

Some of McClendon's creditors want a say over how the stake will be disposed of by his estate, viewing the basketball team as one of his few assets of value, according to a copy of a transcript from a May 13 hearing in probate court.
If you can't raise enough money by disposing of your assets to pay everyone off, you can give them what you have and promise to pay them the rest later on.
How will the Fed dispose of its assets: by simply refraining from reinvesting the proceeds from maturing securities, passively shrinkage of the balance sheet, or by actively disposing of some assets to ensure a smoother path for balance sheet reduction?
The GLC's assets were disposed of by the London Residuary Body, which survived until 1996.
Any of such assets not so disposed of shall be disposed of by the Court of Common Pleas of the County in which the principal office of the Association is then located, exclusively for such purposes or to such organization or organizations as said Court shall determine, which are organized and operated exclusively for such purposes.
An exit strategy is a contingency plan that is executed by an investor, trader, venture capitalist or business owner to liquidate a position in a financial asset or dispose of tangible business assets once certain predetermined criteria for either has been met or exceeded.
In certain circumstances, you can deal with your money problems without having to take a loan by simply disposing some of your assets at home.
The court to which Steel Partners appealed a failed injunction to prevent Bulldog's poison - pill strategy stated: «[Steel Partners] pursues its own interests exclusively and seeks only to secure profits by selling companies» shares back to the company or to third parties in the short term, in some cases with an eye to disposing of company assets....
The press release made no mention of any assets (intellectual or otherwise) to be disposed of by the company after the initial cash distribution, though I expect further information will be forthcoming in the shareholder proxy material.
As there is an obligation on the court in terms of statute to impose a clean break, extensive time to acquire the settlement amount is not likely to be contemplated when there are assets that can be disposed of by the wealthier party.
The British Columbia Fraudulent Conveyance Act is a statute designed to give a remedy to creditors frustrated in collecting their debts by a debtor who has disposed of his / her assets.
(iii) when the court restrained the mother from disposing of her RRSP's or dissipating assets and allowed the review hearing to proceed without the payment of the costs award, the court and the father relied on the mother's representations in her affidavits that she intended to pay the costs and that she did not intend to thwart that payment by making an assignment into bankruptcy.
Culliney says many REITs and private firms are capitalizing on strong investor demand by disposing of non-core assets and / or starting developments in hot markets.
«In 2017 the company shattered its all - time individual sale by volume record twice, the assets being auctioned were bigger and the vast majority of auction lots we sold were put up by Funds and REITS making portfolio adjustments, corporates disposing of assets and private sellers diversifying their investments.
We saw numerous market shifts precipitated by a spike in private sellers diversifying their investments, REITS making significant portfolio adjustments, and corporates disposing of assets.
Those who bought assets in July 2012 and disposed of them in July 2015 also saw pricing appreciate nicely, by 52.9 percent.
Eight of those 15 interests were disposed of at full to partial losses, which contributed to the $ 115 million in realized losses reported by asset managers in June — the highest monthly total so far in 2012.
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