Sentences with phrase «legal owner of assets»

Not exact matches

Creditors may be able to pierce the corporate veil that separates a company from its owners» personal assets in cases of fraud, when the entities are inextricably linked, or when the company fails to adhere to the basic legal and reporting requirements.

The minor child is the beneficial owner of the assets, while a trusted adult — the trustee — maintains legal authority over the account during the beneficiary's childhood.

On the investment, Anup Kuruvilla, co-founder of 1Crowd, said, «The company (legal name Mojro Technologies Pvt. Ltd) helps fleet owners maximise the benefits from their assets.»

devour the corporate assets of a company I had been the legal owner of just weeks before.

IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY INDIVIDUALS OR ENTITIES OWNING CTK CREATES MATERIAL REGULATORY OR OTHER LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND / OR CTK, THE COMPANY RESERVES THE RIGHT TO: (A) BUY ALL CTK FROM SUCH CTK OWNERS AT THE THEN - EXISTING MARKET PRICE AND / OR (B) SELL ALL CRYPTOCURRENCY ASSETS OF THE COMPANY.

Under the legal doctrine of civil asset forfeiture, your money can be accused of a crime, seized, and tried separately from its owner.

The trust is the legal owner of the property assets.

So, either Vanguard's Traditional IRA Agreement (ditto Roth IRA Agreement) doesn't allow direct Vanguard - initiated transfers of IRA assets to another custodian (but will accept requests initiated by the recipient custodian), or the IRA owner has to hassle with Vanguard's Customer Service to demand that such a transfer be done because it is legal and not explicitly forbidden in the IRA agreement.

The releasing account owner authorizing a transfer of assets from an existing Putnam IRA or 403 (b) account (s) to a new or existing Putnam IRA or 403 (b) account (s) for a former spouse resulting from a divorce or legal separation.

While Raven Russia's accounts may have shown a margin of safety, foreign owned assets in Russia have been confiscated through legal ruses if the owners are out of favour.

The Trustee serves as the legal owner of the Trust's assets and is responsible for managing and distributing the assets according to the terms of the Trust.

Joanne's work focuses on developing and implementing legal strategies to drive greater integration of climate - related financial risks into the investment decisions of pension trustees and other asset owners and asset managers in the pensions industry.

Even if a friend, relative or neighbor is the owner of the animal that caused your injury, it is important to speak with a personal injury attorney to determine if filing a legal claim or lawsuit is appropriate to recover compensation from homeowners insurance or other assets.

The Canadian unit had argued it should receive about 83 per cent of the money, because it was the legal owner of many of the assets sold.

A court is more likely to pierce the corporate veil and allow an aggrieved party to go after the personal assets of an owner if the legal entity is not being properly maintained, such as having annual shareholders and board of directors meetings.

The costs for legal services, at a minimum, should anticipate setting up a new corporation, preparing a merger agreement, and filing the Certificate of Merger, which we would estimate to be in the range of $ 1 - 2K, but could be more if there are issues with taxes, assignment of assets, or a large number of owners / investors.

By my understanding a trustee acts as the legal owner of the trust's assets and handles all of the assets held in the trust which seems like a lot of work.