Even if fraudulent
conveyances and similar problems make planning impossible, other considerations remain.
Wieboldt filed a complaint seeking to avoid the transfer of assets made in the LBO and to recover damages against 119 defendants alleging, among other things, that its leveraged buyout by the specially formed acquisition corporation in 1985 constituted a fraudulent
conveyance.
Should that fail, he recommends that injured parties consider litigation based on fraudulent
conveyance.
Taking into account the above-specified
conveyances, the company now holds a total 111.
President Duterte has signed an executive order that prohibits smoking within enclosed public places and public
conveyances nationwide, except in designated smoking areas.
The officials of Mardan Prison, who had requested not to be named, said that they had also protested on last January 4, against the said action of superintendent concerned to cut
conveyance allowance and rent from them in front of his office located on the jail's premises but to no avail.
1150 per month on the account of
conveyance allowance in addition to the monthly salaries while the employees serving in BS-11 to 15 would receive Rs.
The unique feature of this project is that the automatically controlled gates will be coupled with optimal water delivery at the farm turnouts in order to maximize on-farm efficiencies and reduce
conveyance losses.
Further, transfer of assets to an express, written trust controlled by the wife rather than to the wife outright makes it less likely a court would nullify the
conveyance if challenged by a creditor (again, assuming no fraudulent
conveyance).
installed a new, 55-foot free-fall test tower at its
conveyance repair shop to replace an existing smaller test tower at another location.
Fraudulent
conveyance is a legal term signifying that a debtor, in this case Revco, took an additional debut while getting less than its worth, our nothing, in return.
