Sentences with phrase «seize company assets»

If it isnâ $ ™ t enough money, and the sheriff is called in to seize company assets to satisfy a claim and divisions of the Company are forced to close or the company claims bankruptcy, well I guess then we have a tax hike to look at to cover the E.I.

If the credit card owner does not pay his or her bill, the credit card company would have the ability to seize company assets or the company itself.

Not exact matches

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

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.

Whereas banks can require personal collateral, such as your home, Lending Club requires only a UCC - 1 lien; this allows the company to seize certain business assets if you default.

The Bush family make the bulk of its wealth supporting the Third Reich through Union Banking Corporation of NYC (and about 20 other companies that they owned or controlled), which had it assets seized by the US Congress for violations of the «Trading with Enemies Act», and that is a historical fact that can be verified by a search of the Congressional Record.

Unfortunately, things went sour for VPG, and it isn't likely that much more money will be flowing from that company to the Kellner campaign, now that the government has seized its remaining assets.

Editor - in - chief of the Insight Newspaper says managers of some microfinance companies whose assets have been seized by the Bank of Ghana knew...

AMCON had alleged that the assets were being seized after the company has failed to refund the sum of 11 billion Naira loan owed to Union Bank and acquired by the corporation.

A sole proprietor's personal assets are not protected and can be seized / forfeited to cover any debts of a failed company.

Credit card companies can seize some pension assets but not others.

In some cases, lenders require a «personal guarantee» from small business owners — a written promise that the borrower's personal assets can be seized if the company defaults on their debts.

Whereas banks can require personal collateral, such as your home, Lending Club requires only a UCC - 1 lien; this allows the company to seize certain business assets if you default.

I do mind a company seizing assets for no reason though.

$ 12 million in assets were seized for the purposes of providing refunds to clients defrauded by the debt settlement company.

Instead of fighting the charges directly, the company dissolved, pleaded «no contest,» and argued that no assets could be seized to make restitution to the Hawaiian Humane Society because, defense attorney Jason Burks contended, «In a criminal case against a corporation, the sentences are limited to probation, fines and restitution, and then the court can prohibit the corporation from owning animals.

Where even GW Bush's grandfather's company was deemed to be trading with the enemy and shut down and their assets seized.

If Chevron, or any named Big Oil codefendant can show that the externalities of CO2 emissions are of net benefit, could they countersue entities that have suppressed CO2 emission, or benefited from CO2 emissions, & thereby place liens & seize the assets of companies selling carbon credits, or of any tangible real property associated with past ill - gotten carbon taxation & regulation?

Yukos was subject to substantial tax increases as a result of Russian tax revisions and when the company was unable to pay the incremental taxes, it was declared bankrupt in 2006 and its assets were seized and sold off.

The ships are slowly going through their available food, water and supplies as the company struggles to find ports that will accept them — without seizing their assets.

Within the past decade, banking and insurance companies have hired historical legal experts and spent a lot of time litigation over the US Federal Court system's power to issue equitable remedies such as the Mareva injunction and equitable liens to seize assets in federal litigation; the Alien Torts Act which has been used by international human rights organizations had its breadth restricted by use of 18th century views of the «law of nations» requiring recourse to historic writers like Hugo Grotius, and even administrative law has come under assault by dissents of Justice Thomas arguing that the «Chevron» doctrine of deference to agency interpretations of their own statutes should be set aside as being incompatible with the understanding of the American separation of powers doctrine as it was understood at the time of the country's founding.

Under this procedure, the SFO will first notify the company's lawyers if it believes that IT assets it has seized might contain privileged material (in practice, it is prudent for the company's lawyers to advise the SFO of the potential existence of privileged material at an early stage).

If the company is going bust, there may not be any assets you can seize, particularly if the directors saw the crash coming.

If you have an enforceble judgment, your lawyer might be able to seize the company's assets through a bailiff or something.

Defended the Plurinational State of Bolivia in a lawsuit in the U.S. District Court for the Southern District of New York emanating from the nationalization of a telecommunications company and the attempt by the former investor to seize the telecommunications company's assets in New York and London.

an international bank to obtain an injunction preventing the imminent sale of the bank's assets illegally seized by a Russian company

Many times, the best way to collect a debt owed by a foreign company (particularly if that company is based in an emerging market country) is to seize an asset of that company in a foreign country.

According to the Financial Times, in December 2014, Brazilian police indicted 33 people and seized R$ 600 million in assets from six companies including German engineering firm Siemens and French train maker Alstom following an investigation into collusion to win contracts to build the rail system.

A look at the conclusion of a case in which four parties had attempted to seize assets from Kyrgyzaltyn JSC, a gold mining company owned by the state of Kyrgyzstan, to satisfy the parties» arbitral...

Especially in the U.S., where the federal government is seizing the assets of companies that employ undocumented workers and imposing felony charges, it is critical that employers understand and resolve the issues related to employment eligibility and documentation.

ConocoPhillips has reportedly seized oil products belonging to Venezuela's national oil and gas company PDVSA on the Dutch island of Curacao in the Caribbean, after a local court authorised the company to take hold of US$ 636 million worth of assets to satisfy a US$ 2 billion ICC award.

The court said the latter provision allows the conclusion the amounts owing to the pension plan are actually deemed to be excluded from the assets of the company and can not be seized or assigned.

Should the company fail to comply with these terms, the government agency will strike off its registration and seize its assets.

The company did own up to a security lapse that allowed the thief to seize such a large sum: It kept customer assets in what's known as a hot wallet, which is connected to external networks.

In case the company fails to abide by such requirements then the government agency shall seize all its assets and strike off its registration.