If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the largest domain name community on the internet and continues to grow every day. There are over 105,000 domainers on DNForum doing everything from buying domains, selling domains, learning about domains and discussing domains. Take a minute and Register.
Register Today on DNForum IT'S FREE!This is a completely theoretical question, but I'm curious about it.
If a person receives notice that he is being sued for X dollars for trademark infringement or some other civil matter, and the next day, he transfers all the money in his bank account to Switzerland or the Cayman Islands, can the courts punish him for doing that?
Can't the assets be seized?
Interesting question, it probably has happened many times before.
Get an eNom resellers account free and instantly,click here - Automated Signup!
Yes, it is known as a fraudulent transfer.
It makes you look devious as well as guilty.
I AM NOT AN ATTORNEY AND THIS IS NOT LEGAL ADVICE.
Bookmarks