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For more information about the role of an executor, read Trustees, Executors, and Administrators: The Duties of Fiduciaries. [read post]
”[2]  If the assets are administered as part of a trust, the person overseeing the administration is referred to as a “trustee. [read post]
31 Jan 2022, 12:46 pm by Shannon O'Hare
Non-Chinese investors are subject to the following general rules when purchasing NPLs: (i)    foreign (including US) enterprises are generally not allowed to purchase NPLs directly from banks; (ii)   foreign (including US) enterprises must purchase NPLs through AMCs; and (iii) foreign (including US) enterprises may apply to set up their own AMCs in China through which they may buy NPLs from banks but their establishment… [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
The US experience, as shown by securities class actions such as Owens Corning v National Union Fire Insurance Co [6], indicates that the construction of exclusions is not a simple issue. [read post]
6 Dec 2021, 2:33 pm by Emily Dai
John Hess, trustee at CSIS, and Joseph Majkut, director of the Energy Security and Climate Change Program at CS [read post]
1 Dec 2021, 7:40 am by Shannon O'Hare
The trustee must be a local bank or insurance company authorised to operate as such. [read post]
5 Nov 2021, 6:30 am by Daniel
”“National banking associations and federal savings and loan associations authorized and qualified to exercise fiduciary powers in Florida. [read post]
2 Nov 2021, 8:49 am by Shannon O'Hare
SECURITY AND TRUSTS / AGENCY Argentina has trusts and agency rules which are governed by contractual constructs. [read post]
25 Oct 2021, 1:20 pm by Emily Dai
James Cust, senior economist at the Africa region of the Office of the Chief Economist at the World Bank and Grzegorz Peszko, lead economist in the environment, [read post]
3 Sep 2021, 6:28 am by Shannon O'Hare
However, certain banking activities (such as taking deposits) may require authorisation from the Bank of Spain (“BoS”), the National Securities Market Commission or the Spanish Economy Minister. [read post]
3 Jun 2021, 5:42 am by Shannon O'Hare
The use of security trustees and/or security agents is common in the DIFC for secured loans issued in Dubai. [read post]
9 Apr 2021, 10:49 am by ocgdev
In March 2004, the Senate passed Resolution 316, which officially recognized April as National Financial Literacy Month. [read post]
4 Feb 2021, 8:30 pm by Jim Sedor
They argued he is guilty of high crimes and misdemeanors because he used the powers of his office to advance his personal political interests at the expense of the nation. [read post]
6 Jan 2021, 5:01 am by Abby Lemert, Eleanor Runde
A former Mexican ambassador to China wondered whether China would make foreign nations’ access to Chinese vaccines contingent upon their commitment to use Huawei equipment to build their 5G infrastructure. [read post]
14 Sep 2020, 3:44 am by Peter Mahler
The complaint sought judicial dissolution of a corporation that owns over 1,800 acres used for hunting, fishing, and other recreational activities by the shareholders and their guests. [read post]
11 Sep 2020, 3:00 am by Jim Sedor
Trump and the Republican National Committee had a nearly $200 million cash advantage. [read post]
14 Aug 2020, 3:00 am by Jim Sedor
The data is also used when deciding the boundaries of legislative districts. [read post]