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DAPT's: A Multi-State Evaluation of Debtor Asset Protection
By: Adam Lapidas, Andy Leslie, Michael Levine, and Eric Maddox
Summary: We are going to create a hypothetical situation in which a debtor attempts to use a domestic asset protection trust to protect his assets from the grip of creditors. We will discuss how a debtor can create a self-settled trust with a spendthrift clause in order to make all assets in the trust immune from creditor interference. While this process is not recognized in North Carolina it has been recognized in a few states across the country including Alaska, the first state to allow DAPTs. We will focus on how a person can create a DAPT in Alaska and how the rules are different in Alaska and North Carolina.
We will then explain how a person who resides in North Carolina can use the lenient Alaska laws concerning trust creation to protect their assets by creating a DAPT in Alaska. We will discuss the barriers a North Carolina resident will encounter in attempting to create a DAPT in Alaska and will follow with a discussion of the advantages and disadvantages a North Carolina citizen faces in creating a DAPT in Alaska.
Переглядів: 380

Відео

Malicious Prosecution: How to Protect Yourself, Your Firm, and Your Clients from Liability
Переглядів 6 тис.12 років тому
By: Rachel Askinazy, Michelle Bleda, Glenn Hudson, and Joseph Maye Summary: The justice system serves a significant and valuable role in our society but only when it is used for its intended purpose. Parties who abuse the system or who initiate prosecution to obtain an unrelated goal expose themselves to liability for abuse of process or malicious prosecution. This presentation provides an over...
Software Escrow's Increasing Importance in an Electronic World
Переглядів 64612 років тому
By: John Gormally, Matthew Houston, Elizabeth Hoyle, and Marisa Kelly Summary: This project gives a general overview of the field of software escrow by focusing on what exactly software escrow is, the different arrangements that can be made with software escrow, and how it relates to legal practice. With increasing worldwide reliance on software programs whose failure could result in an economi...
Performance Bonds
Переглядів 14 тис.12 років тому
By: Sarah Riedl, Joseph Riegerix, Bennett Rainey, and Evan Rossi Summary: An introduction to the basics of the private performance bond relationship in the construction law context. This presentation outlines the risks and obligations incurred by each of the parties to a performance bond agreement: The principal contractor, the surety, the obligee owner, and the subcontractor. We discuss how at...
Transnational Arbitration: A Growing Issue in International Commerce
Переглядів 1,5 тис.12 років тому
By: Kaitlyn Girard, Nathan Gravlee, Dylan Greenwood, and Jason Hornsby Summary: With the ever changing economy and amount of goods being exchanged on an international scale, disputes will inevitably arise. Arbitration has become one of the preferred methods of alternative dispute resolute to handle such conflicts. Arbitration on an international scale, however, presents unique issues for those ...
Making a Signature, Without a Pen
Переглядів 45312 років тому
By: Niki Boddie, Colin S. Crawford, and Kathleen E. Hicks Summary: The use of technology has become firmly rooted in society today. Grandmother's send birthday e-cards complete with gift certificates purchased online; letters are sent without via e-mail-without the use of a stamp; and, people no longer need to be face-to-face to talk because of the telephone and other internet-based voice techn...
Unfair and Deceptive Trade Practices
Переглядів 2,4 тис.12 років тому
By: Leslie Daniel, Will Elliott, Brodie Erwin, and Munkhselenge Purevdorj Summary: The project's focus is on Unfair and Deceptive Trade Practices under N.C.G.S. § 75-1.1. We will focus on what qualifies as an unfair and deceptive trade practice, the valuation of damages, including trebling, the issuance of attorney's fees, what kind of evidence the judge will allow, and what roles the judge and...
Mezzanine Financing: Bridging the Gap Between Equity and Conventional Loans
Переглядів 7 тис.12 років тому
By: Tiffany S. Tyler, Colleen Sullivan, and Winslow Taylor Summary: Companies, looking to expand their business, regularly find themselves unable to fully finance their project through equity and obtaining conventional loans. Mezzanine financing is an option to help these companies bridge the gap. Investors loan companies money for 5-7 years, with a 20-30% return on investment for the investors...
Breaking Down Borders: Finding Assets to Satisfy Judgments in a Post-Koehler World
Переглядів 37912 років тому
By: Dave Rugani, Dan Skinner, Dave Scott, and Kate Seal Summary: This project will focus on the case of Koehler v. Bank of Bermuda, Ltd. in which a NY court used personal jurisdiction over an international bank's local NY subsidiary to order assets owned by a judgment debtor but held by the garnishee-bank into New York in order to satisfy an outstanding judgment. This landmark decision substant...
Mitigating Counterparty Insolvency
Переглядів 11712 років тому
By: Benjamin J. Halfhill, Jonathan Rosenberg, Mio Ukita, and Ross Durr Summary: Sometimes sales go awry. Article 2 of the Uniform Commercial Code provides the aggrieved party with limited remedies with respect to the goods involved in the sales transaction. This presentation will cover buyer's remedies to retrieve existing goods, or to have leverage a security interest to secure liability. In t...
Imprisoning Debtors: A Creditor's Guide to Using the Threat of Arrest as a Debt Collection Tool
Переглядів 1 тис.12 років тому
By: Miles Bruder, Harrison Buttrick, and Elliott Cassidy Summary: Imprisonment for debt has been used by creditors seeking repayment for much of human history; although the scope was narrowed in the nineteenth century, a creditor may affect the debtor's arrest in three broad situations. First, certain categories of debt are excluded from the North Carolina Constitution's express prohibition. Th...
EDI or Die: The Streamlined Language of the Supply Chain
Переглядів 80312 років тому
By: Kate Seal and Davis Roach Summary: EDI is not a choice...it is the inevitable way that business will be done." (MIT, 1980). This project will explore the concept of Electronic Data Interchange, or EDI, and how EDI can be used to streamline entire supply chains across a wide range of business ventures. This project will look at the role EDI plays in the marketplace, the benefits and drawback...
Contracts for the International Sales of Goods
Переглядів 33 тис.12 років тому
By: Lea Ko, Alexandra Ford, and Nathan Gravlee Summary: The United Nations convention on contracts for the international sale of goods functions as an international article 2. Based on common and civil law, CISG applies only to signatory nations. In this presentation we will discuss the scope of the convention itself, when it applies by default, how to opt out as a matter of contract and what s...

КОМЕНТАРІ

  • @SOUL-zx9pj
    @SOUL-zx9pj Рік тому

    Can you make one about surety bond for.car

  • @georgemckenzie2525
    @georgemckenzie2525 Рік тому

    Re: Alex s claim , laches?

  • @georgemckenzie2525
    @georgemckenzie2525 Рік тому

    Bless y'all Perfect timing , as ever

  • @ddone1583
    @ddone1583 2 роки тому

    Lots of false information

  • @remmasters1008
    @remmasters1008 2 роки тому

    well explained .. thank you

  • @bilalabdullah7118
    @bilalabdullah7118 2 роки тому

    She is awesome lawyer she knows what liberty is law and argument is because she is a natural and the university made sure of that by their curriculum.

  • @patrickrhealy6431
    @patrickrhealy6431 3 роки тому

    SOB THIS VIDEO SHEDS ULTRA BRIGHT MORNING STAR LIGHT ON JUST HOW SNEEK THIEVERY HAS GOTTEN SO FAR IN THE GAME. HOW MANY YEARS HAVE THESE STUDENTS STUDIED TO BE @ THIS UNSURE POINT. PURPOSLY TOUGHT CONFUSION THAT DOSENT MAKE SENSE. & SLICK CROOKS CHARGED THEM HOW MUCH .. UNCLE SAM I MEAN SHAM.. ONE MUST LEARN FROM THE APPROACH OF THE BIRTH CERTIFICATE AKA NO MORE LIKE CWD 4 CRIMINALY WITHHELD DISCLOSURE.. I'M SAVING THIS VIDEO FOR TRAINING PURPOSES AS PROOF OF EXACTLY WHAT AMERICAS GREAT PRETEND HOAX COUNTRY TEACHES THE GENERATIONS. THIS IS MEAN AF JUDGES KNOW & PURPOSLY GO ALONG WITH THIS ABOMINATION INDOCTRINATION DISCRACFUL JOB @ AN EDUCATION.. SMFH

  • @williamsmilton6316
    @williamsmilton6316 3 роки тому

    I purchased a car just recently and I was told that the engine was good. and I just found out the transmission is bad do I have a claim?

  • @ashalabbas...110
    @ashalabbas...110 4 роки тому

    For international contract please contact me at 0923074939020 Pakistan

  • @jesushuerta125
    @jesushuerta125 4 роки тому

    In this video, the first presenter states two opposing representations concerning performance bonds. First, he states its a big part of society and then he states he couldnt find a lot of info on perfkormance bomds online because its a small part in construction contractors.

  • @rickyricardo6449
    @rickyricardo6449 4 роки тому

    hello, what advice do you all have to offer as it relates to, what police services can do to minimise the risk of lawsuit for malicious prosecution?

  • @clarencerankins3911
    @clarencerankins3911 4 роки тому

    How can this video be applied to court performance, bid and payment bonds? How does the courts do their process?

  • @cowboydelnorte3078
    @cowboydelnorte3078 5 років тому

    Thank you WFU your students well informed we’ll taught lol I’m gonna check out those yacht companies too and presentation was freaking awesome go NC

  • @abhishekmishra6687
    @abhishekmishra6687 5 років тому

    India is also part of CISG law then why its not mentioned here.

  • @frankiefrank4853
    @frankiefrank4853 6 років тому

    Is the performance bond purchased per job/contract ? Or is this covered if I was bonded ?

  • @PkolGaming
    @PkolGaming 6 років тому

    great presentation! thank you

  • @jaws78
    @jaws78 7 років тому

    If you are just going to read it, I would rather read it myself, my internal voice is more interesting.

  • @UnitedPebbles
    @UnitedPebbles 7 років тому

    Hey how come nobody watch this videos? Hey is it not similar to convertible bond? Not inviting "loan sharks" to have incentives to destroy debtors? Very ethical.

  • @woloabel
    @woloabel 7 років тому

    it is essential that more legal representation is available for this type of tort. how else will we see justice made with so much reckless and wanton prosecution going on. I write from florida where this is a rampant trend.

  • @msrabiahealthcarecenterand2058
    @msrabiahealthcarecenterand2058 7 років тому

    I seen Trans nation Arbitration: A Growing Issue in International Commerce.

  • @AustralienGuy
    @AustralienGuy 8 років тому

    Imagine being married to that. Nag Nag Nag

  • @AustralienGuy
    @AustralienGuy 8 років тому

    WOE unto the Lawyers

  • @platinumcapitalgroup5720
    @platinumcapitalgroup5720 8 років тому

    Great information!

  • @margaretopine9395
    @margaretopine9395 9 років тому

    THANK YOU SO MUCH FOR THE PRESENTATION.. I can't thank you enough. I'm a senior citizen and I have a non-profit organization to help seniors. I'm just learning about the "surety" bond, "performance bond" that i think I have bought but didn't have a clue, that I did. (Never heard of the "performance bond" but I think (so far) I like the idea and would have more contstruction work done if I knew I had some back-up helping me to get the job done right so I know they're in business to make their profit but still they could tell me which way is up or down (I hope). Anyway, I had a problem with a contractor and I stopped all work because the contractor wasn't fullfilling the promise of the contract (not doing the things I asked for in the Kitchen and Bathroom room projects like "recess lighting" and a "larger refrigerator space" for a modern refrigerator and a wall back-splash--and: they wanted me to sign a second order for the materials and cost. I asked for an invoice on the first project--the kitchen and all hell broke loose. (I had no idea what the cost was that was quoted for each project; they just gave one number and I thoroughly trusted the brand: SEARS. I just knew I didn't have to read a lot of paper work, all that because in my dream: SEARS listen to me and SEARS was goingt to do a good job and I was going to be satisfied and just pay the bill.) Didn't happen that way. And (as a senior citizen, not as quick and sharp like I use to be) I feel thoroughly sick, disappointed and overwhelmed. My trust level dropped to ZERO. I am not about to buy more when I don't know what I bought in the first place. But some work was done. I don't like it but the workers have to be paid. So I made big payments and paid the amount for the kitchen, what little bit was done: I have no idea what I paid for because the company refuses to give me any form of an invoice. When we went over the bathroom project--the same thing happened. What I wanted was not ordered to be done. They wanted me to do an add-on order and I refuse because they won't gve me an invoice. I don't know what I'd be paying for. HOW EASY IS IT TO LIST WHAT I WANTED IN THE FIRST BUY ORDER and CALCULATE A PRICE, THEN JUST NOT DO IT, BUT I PAY FOR IT? THEN RE-ORDER AND I PAY TWICE? (See no trust.) Now that I'm reading everything (with a magnifying glass so I can see it) I found out there is a "surety bond" and all of a sudden in my life for the first time, I am becoming familiar with a "performance bond". I did cancel the rest of the work but SEAR Home Improvement wants me to pay the two 30% down-payments on the cancelled projects. I live in California. DPs are 10% or $1,000 whichever is less. I made the best argument ever in a "demand letter" then I saw the fine print about a "performance bond" and then something else that says they may be in the right to charge 30% for down-payments if they have a "performance bond". And I supposedly paid for it in the cost. But was never told. Again. Thanks for the presentation. MO

  • @TheChanceYork
    @TheChanceYork 9 років тому

    You guys are losers. Lol. Freaking losers. Go get a real job instead of pedaling your crap.

  • @Filmaker25
    @Filmaker25 9 років тому

    Woman 6:20 you're suppose to exhale the helium . lol

  • @anandvjay
    @anandvjay 10 років тому

    The vedio has a factual error at 17 minutes 53 seconds when the speaker talks about homeward trend.The correct Article no is 7 and not 71.Otherwise a very good vedio. Cheers Anand

  • @andrewmcandrew7642
    @andrewmcandrew7642 10 років тому

    gosh! why the heck did i choose this module? great video though! thanks

  • @Ihitjoo
    @Ihitjoo 11 років тому

    As I watched the video it was increasingly striking that performance bonds follow the exact same template as a recognizance of bail. Care to shed any light on why this is?

  • @thenjhomebuyer
    @thenjhomebuyer 11 років тому

    More intimidation lol false propaganda uttering false information what's this guys name so he this guy being used as a tool by a unsuspecting youth. Defacto rules protected under UCC1 308. Common law = common sense is also still alive. Ultra vires is the Modus Operandi and make sure to send back your responding acceptance within 72 hours

  • @brianohamill7236
    @brianohamill7236 11 років тому

    I hope that your law school teaches you about the FDCPA et al. It is illegal to threaten a debtor with jail time. Your implication that a debtor will go to hell is evidence of not only a sense of superiority, but delusional thinking. You are equating commercial law with natural law.

  • @brianohamill7236
    @brianohamill7236 11 років тому

    When the money is created by your signature on the promissory note, you should NOT go to prison. Imprisonment of debtors is absolutely abhorrent to common law. I find this video disgusting.

  • @STLEO1
    @STLEO1 11 років тому

    let my comment be the first,great work

  • @Trentsum
    @Trentsum 11 років тому

    Question, how does this pertain to judges? I heard that most judges dont have a performance bond yet one is required to be a judge upon this land. Making any lawful judgements without one leaves them liable to be sued for racketeering. Does anybody know "WHY" this information may or may not be valid? Please no one liners like True or False. Thanks in advance for any responses with substance.

    • @ocdraridrogonel
      @ocdraridrogonel Рік тому

      10 years ago it says you asked this question and now im learning about this process wow!!!

  • @SkinnyCow.
    @SkinnyCow. 12 років тому

    If you borrow money and then dont pay it back, thats the same as theft. You should go to prison !