Sentences with phrase «personal assets of»

Broadly, a court may divide both matrimonial property and the personal assets of either spouse in a fair and equitable manner.

This has two important consequences: Personal assets of the holders may be at risk: This arrangement puts the assets of the native title holders at risk.

Servers and other equipment were confiscated as well as the personal assets of those arrested.

However, these business structures are designed only to protect the personal assets of business owners if the company is sued for liability.

However, these corporate business structures are designed merely as a way to protect the personal assets of business owners from liability expenses incurred against the company.

Many companies are set up as an LLC or a corporation to protect the personal assets of business owners if the company is sued.

Many Louisiana companies are set up as an LLC or a corporation to protect the personal assets of business owners if the company is sued for liability.

Additionally, if there are partners in the business, all are liable for 100 % for any bank loans AND personal guarantees are often required for 1 or more of the partners so that the personal assets of each are also at risk.

Debt liability is limited to the assets of the company with no infringement whatsoever on the personal assets of the shareholders.

All the personal assets of the proprietor are exposed to all debts and liabilities incurred by the business

In the unfortunate event that a lawsuit depletes that primary layer of coverage, the personal assets of board members could be at risk.

In the bank's eyes, this then improves the firm's position swapping its poor security - the LLP's WIP and debt book — for the personal assets of the LLP's partners, which are left wide open for attack.

In order to explore what makes corporations and LLCs different, it is important to first note the one primary way in which they are similar: both have a barrier that prevents business debtors from collecting against the personal assets of an owner.

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.

In a Limited Partnership, creditors can reach all of the personal assets of the general partner so long as they follow appropriate measures.

This, in turn, may «pierce the corporate veil», allowing the winner of the lawsuit to access the personal assets of officers and shareholders.

And in the field of business law, George Bellas has created the Corporate Maintenance Plan ™ that protects the personal assets of business owners by insuring that the corporate structure is preserved and creates a unique relationship between the business owner and their lawyer by creating a long term relationship with a lawyer that understands a business owner's unique needs.

They increase the risk that creditors and others may be able to «pierce the corporate veil» and seize the personal assets of the owners.

If the company goes under, its assets are liquidated to pay off creditors, but the personal assets of the business owners are not at risk.

Additionally, if there are partners in the business, all are liable for 100 % for any bank loans AND personal guarantees are often required for 1 or more of the partners so that the personal assets of each are also at risk.

It is considered that lenders lend your personal loans easily as to recover them you can even take the personal assets of the customer.

Because the personal assets of directors and officers of a company are exposed, it is very important that every tech firm purchase this line of coverage as soon as they are able.

Anyone versed in the industry will be able to tell that increased litigation threats arising from portfolio company bankruptcies, dissatisfied investors, regulatory investigations and employment practices suits are now forming new levels of risk for venture Capitalists and venture capital firms, as well as the personal assets of their managers and employees.

Pompeo's estimated personal assets of $ 345,000 in 2014 ranked him No. 311 out of 435 House members, according to the Center for Responsive Politics.

We do not take personal assets of the guarantors as collateral.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

For now the sanctions cover only the personal assets of people associated with the crisis.

Not exact matches

You can teach them to use the extra income to cover some of their own personal expenses and / or invest in assets.

Entrepreneurs like limited liability companies because they protect owners from having their personal assets seized by creditors of the business.

Defining the Benefits A major advantage of organizing your business as an LLC or an S corp is that you can protect your personal assets from the creditors of your business.

Direxion's iBillionaire Index ETF is barely five weeks old and holds only $ 35 million in assets, but it's generated buzz by investing in 30 companies chosen from the portfolios of asset managers with personal net worth of $ 1 billion or more.

Their research also found that industries such as financial services, healthcare and manufacturing experience the highest level of attacks given that they have massive financial assets, a rich vein of personal data to be tapped, and physical inventories that hold significant value.

Advertising giant WPP is investigating its CEO, Martin Sorrell, over allegations of «improper personal behavior» and the misuse of company assets.

Your online reputation is one of your most valuable personal assets.

Some executives try to keep at arms - length to maintain a facade of power, but Kelleher demonstrated that a culture of connectedness and personal interest — from the top ranks to the bottom — could become a corporate asset, even as his company grew to massive proportions.

«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.

In a separate decision on Monday, a judge ruled that a lawsuit calling for Mr. Najib to return the money that had been transferred into his personal account, and for seizure of his assets around the world, could move forward.

Sanford J. Schlesinger, cochair of the family - owned - business practice of law firm Kaye Scholer LLP in New York City, urges owners to think about what he terms «asset segregation» to avoid potentially catastrophic personal exposure.

Estate Assist is a life planning and identity theft product that includes the secure storage of important personal, financial and digital assets.

Percentage of the 2001 Inc 500 that raised additional financing from Bank lines of credit: 80 % Commercial loans: 52 % Personal assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofPersonal assets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofitassets: 45 % Assets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofitAssets of family and friends: 26 % Venture capital: 18 % Other cofounders» personal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofpersonal assets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofitassets: 17 % Strategic partners or customers: 13 % Grants from the government or nonprofits: 3 %

Depending on how cautious you want to get in your downside planning, you might decide to shift the ownership of certain personal assets away from you.

In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.

Entrepreneurs are perfect candidates for this loan because they may not have any personal or business assets to speak of.

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Anyone who owns 20 % or more of the business will have business and personal assets reviewed by the lender in question.

However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).

In general, if your company is a manufacturer or a processor of tangible personal property, and if your project involves the acquisition or construction of assets related to manufacturing or processing (such as the purchase of land or equipment), then you are eligible.

So it requires a blend of pro forma cash flows, tangible assets, financial and industry ratios, earnings multiples and a wide range of «comps,» all shaded by investor sentiment, personal gut feeling and a healthy dose of reasonableness.

JPMorgan is the biggest U.S. bank by assets and Intuit offers some of the most widely established personal financial management tools.

Some of the necessary assets that have helped me build a personal brand include: