SEIZING ASSETS IN THE DUTCH CARIBBEAN
Court approval required
Seizing the assets of a counterparty may already be possible before a claim (e.g. under an agreement or a guarantee) is already due and payable, but where there is good reason to believe that, when it becomes due, the other party will not honor its obligations.
How assets may be seized depends upon the jurisdiction in which these […]
Filed under: legal by Karel.Frielink
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