Followers | 53 |
Posts | 3489 |
Boards Moderated | 0 |
Alias Born | 02/05/2014 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, March 07, 2014 2:11:56 PM
11. That the court establish a constructive trust upon the assets and accounts of Defendants;
Several people have justifiably raised the issue that even if PPJ wins their lawsuit, they still have to collect on the judgement.
If PPJ gets the court to agree to paragraph 11, collection is no longer an issue. The court simply creates an order that the assets of the Defendant (Grewal), in the amount of the judgement now belong to the Plaintiff (PPJ). Every bank and other financial MUST obey such an order, and transfer funds to the plaintiff. The title of all property subject to a court ordered constructive trust would be transferable without any interference or participation by the defendant.
The point which I am unclear about is how that works if PPJ gets the 50% possession of Grewal's clinic, as requested. The owner list on the title would undoubtedly be modified to include PPJ, but without Grewal's consent as a partial owner, no changes to the property could occur. However, PPJ would still receive the monetary awards, as the court decides, automatically.
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM