nonprobate transfersestate planningtransmission of wealthcreditors' rightsdebtor-creditormodel lawThe increasing popularity of nonprobate transfers of property at death has created a "revolution" in family wealth transmission. Yet the law on credit
Unlike the owners of sole proprietorships or partnerships, corporate shareholders are not personally liable for the company’s debts and other financial obligations. Therefore, if a company becomesinsolvent, its creditors cannot target a shareholder’s personal assets. Shareholders are entitled to collect...
This arrangement creates a right of survivorship, so when one spouse dies, their interest in the property is automatically transferred to the surviving spouse. Creditors cannot enforce a lien on any property that falls under a tenancy by the entirety if only one spouse owns the debt. ...
Right to attend the Annual General Meeting: The AGM is an annual gathering of a company’s shareholders where the directors present the company’s annual report and comment on its performance over the year. During the AGM, shareholders may elect new directors, discuss directors’ remuneration, an...
Public Filing with Regard to Non-Possessory Security Rights in Tangible Assets as Contemplated by the DCFR: Of No Benefit to Unsecured (Trade) Creditors... D Hamwijk - 《Social Science Electronic Publishing》 被引量: 1发表: 2011年 Publicity in secured transactions law: Towards a European public...
The increasing popularity of nonprobate transfers of property at death has created a "revolution" in family wealth transmission. Yet the law on creditors' rights to reach such transfers is badly confused. In some cases, exemptions from creditors' claims are far broader than can be justified. In...