sequestration

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sequestration

the confiscation of an organization's assets by a court following contempt of court by the organization. Its assets come under the control of a sequestrator, usually an accountant, until the organization can show that it has purged its contempt. Sequestration can be used to ensure that funds are available to pay any fines resulting from the contempt of court. In the late 1980s a number of TRADE UNIONS were subject to sequestration orders, in most cases as a result of violating the law on SECONDARY ACTION and strike ballots.

sequestration

the holding of part of the ASSETS of parties involved in an INDUSTRIAL DISPUTE or other dispute by a third party (the sequestrator) until the dispute is settled. Sequestrators are often appointed by the courts as a means of enforcing fines against TRADE UNIONS who are in breach of employment legislation.
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After challenging wood industry environmental accounting, they list areas warranting action, research or scrutiny: Wood source and deforestation rate disclosure; age and rotation of trees, whose ages and species sequester carbon at different rates; and, forest management modeling.
The agreement is front-loaded, with $50 billion of that sequester cap relief and roughly $16 billion of additional funding coming this fiscal year, constituting nearly 90% of the discretionary sequester relief for 2016 proposed in the president's budget.
After the precipitous sequester cuts in 2013, Congress provided a compromise for 2014 and 2015 with a flat, but stable budget level for national security.
The CRFB blog claims "The sequester would also reduce funding for grants to help states run their AC A insurance exchanges, by $61 million in FY 2015.
This is obviously good news for rural Oregon counties struggling to keep deputies on the roads and criminals in jail, and I urge the Department of Agriculture to re-examine the decision to sequester funds (this year) as well," he said.
No DOD flexibility in sequester House Armed Services Committee Chairman Buck McKeon, R-Calif.
The Department of Health and Human Services estimated earlier this year that sequester cuts would cause 70,000 children to lose access to Head Start services.
The sequester was part of the 2011 agreement to raise the federal debt limit, and was the consequence if the government could not devise a plan for reducing federal spending.
In court, Nelson said her decision to sequester stems (http://www.
In mid-to-late May, the federal housing agencies are expected to provide PHAs with information on funding amounts for the rest of FY 2013: additional budget reductions could add stress to a number of affordable programs already affected by the sequester.
WASHINGTON -- Flat funding over the last decade combined with inflation has effectively cut 20% out of the research budget for the National Institutes of Health--and now another 5% is gone thanks to the federal budget sequester.
This week, the sequester hurt travelers, who were stuck for hours in airports and on planes, and rightly frustrated by it.