http://www.europe-eje.eu/en/fiche-thematique/note-3-attachment-tangible-movable-property-1 WebSep 27, 2024 · This form of attachment is opposed to an 'executory' attachment, which entails the (forced) liquidation of the attached assets and the distribution of the proceeds to the creditor, usually...
Creditors’ process Sample Clauses: 1k Samples Law Insider
WebAug 28, 2003 · English translation: conservatory attachment, executory attachment. Flemish term or phrase: bewarend beslag, uitvoerend beslag. . of [Belgian party] the occurrence of an attachment, whether conservatory or executory (saisie conservatoire or saisie exécutoire/bewarend beslag or uitvoerend ... Where the supplier can show that … WebThe most common forms of executory attachment are executive seizure of movable property or immovable property and ‘third-party attachment’, the so-called wage … people in the market
Attachment or distress Sample Clauses Law Insider
WebConsequently, the court imposed an executory attachment on the pledged shares and ordered the sale of the pledged shares by auction (as provided in the Civil Procedures Law) to recover the secured debt. This judgment is significant as it is one of the first judgments in the UAE that permitted the enforcement of a share pledge on LLC companies. Webwith executory attachment. 4 Object and nature of enforcement measures The object and nature of enforcement measures can vary. A distinction can be made between measures intended to bring about the payment of a monetary sum, the surrender of an asset, an act or an omission. The most common measure is an attachment WebAug 26, 2024 · Once the creditor is in possession of the enforceable document, the second step is to inform the other party of the enforcement. The executory attachment can contain information about the coercive measure that is to be used if this is the case. The role of the bailiff is central in the process. people in the last days