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Transferable Interest - Distributions And Economic Rights
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# [[2014NewYorkPCPalladioDistributions|+]] https://chargingorder.com/opinion-2014-new-york-pc-palladio-distributions-charging-order.html
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First Bank v. S&R Grandview, L.L.C., 2014 WL 846671 (N.C.App., 2014).
# [[2014NorthCarolinaFirstBankInvoluntaryAssignment|+]] https://chargingorder.com/opinion-2014-north-carolina-first-bank-involuntary-assignment-charging-order.html
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# [[2014NewYorkPCPalladioDistributions|+]] https://chargingorder.com/opinion-2014-new-york-pc-palladio-distributions-charging-order.html
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First Bank v. S&R Grandview, L.L.C., 2014 WL 846671 (N.C.App., 2014).
# [[2014NorthCarolinaFirstBankInvoluntaryAssignment|+]] https://chargingorder.com/opinion-2014-north-carolina-first-bank-involuntary-assignment-charging-order.html
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First Bank v. S&R Grandview, L.L.C., 2014 WL 846671 (N.C.App., 2014).
# [[2014NorthCarolinaFirstBankInvoluntaryAssignment|+]] https://chargingorder.com/opinion-2014-north-carolina-first-bank-involuntary-assignment-charging-order.html
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BMO Harris Bank N.A. v. Smith, 2020 WL 2914838 (June 3, 2020).
Kostoglou v. Fortuna, 2020 WL 813366 (Fla.App., Feb. 19, 2020).
Pansky v. Barry S. Franklin & Assoc., 2019 WL 581620 (Fla.App., Feb. 13, 2019).
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!!!TRANSFERABLE_INTEREST
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!!!TRANSFERABLE INTEREST ARTICLES
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!!DISTRIBUTIONS AND ECONOMIC RIGHTS OF DEBTOR/MEMBER
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!!!TRANSFERABLE_INTEREST
* [[http://www.forbes.com/sites/jayadkisson/2012/03/06/weddell-nevada-supreme-court-restricts-charging-order-to-debtors-economic-interests-only/ | 2012.03.06]] ... Weddell: Nevada Supreme Court Restricts Charging Order To Debtor's Economic Interests Only
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!!!DISTRIBUTIONS AND ECONOMIC RIGHTS OF DEBTOR/MEMBER
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(:pagelist link=Category.Transferable_Interest list=normal:)
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(:pagelist link=Category.Transferable_Interest list=normal fmt=title:)
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[[!Topic]] Transferable_Interest [-TopicsCreditorRestrictions-]
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[[!Topic]] Transferable_Interest [-TopicsTransferableInterest-]
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(:title Transferable Interest - Distributions And Economic Rights:)
(:Summary: Transferable Interest a/k/a Distributions And Economic Rights:)
(:description Transferable Interest a/k/a Distributions And Economic Rights:)
(:keywords charging order, transferable, interest, transferable interest, distributional, distribution, economic right:)
(:linebreaks:)
[[!Topic]] Transferable_Interest [-TopicsCreditorRestrictions-]
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[[<<]]
Courts frequently struggle with three issues in regard to the transferable rights, a/k/a distributional or economic rights of the debtor/member ("D/M"):
1. What constitutes the D/M's rights that are subject to the charging order.
2. The effect of a charging order on the D/M's rights.
3. The effect of a foreclosure on the D/M's rights.
What constitutes the D/M's rights that are subject to the charging order? The confusion here arises from the general structure of the Harmonized Acts, which require a court to look outside the creditor's rights Article to other parts of the particular Act to make the determination that only the D/M's distributional rights are implicated. This can be fixed by a better explanatory Comment.
The effect of a charging order on the D/M's rights? The current language of § 503(a) states that "a charging order constitutes a lien on a judgment debtor’s transferable interest . . .." The phrase "transferable interest" requires the court to then determine what that means, an eventually ends up a lien being placed on the "distributional interest". That the lien is on the "distributional interest" should be better spelled out in the Comment.
The effect of a foreclosure on the D/M's rights? Similarly, § 503(c) talks about "transferable interest" when "distributional interest" would be more clear.
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!!DISTRIBUTIONS AND ECONOMIC RIGHTS OF DEBTOR/MEMBER
(:pagelist link=Category.Transferable_Interest list=normal:)
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Wholesaler Equity Development Corp. v. Bargreen, 2021 WL 321560 (W.D.Wa., Feb. 1, 2021).
BMO Harris Bank N.A. v. Smith, 2020 WL 2914838 (June 3, 2020).
Kostoglou v. Fortuna, 2020 WL 813366 (Fla.App., Feb. 19, 2020).
Pansky v. Barry S. Franklin & Assoc., 2019 WL 581620 (Fla.App., Feb. 13, 2019).
P-C Palladio, LLC v. Nassi, 2014 WL 584315 (S.D.N.Y., Feb. 14, 2014).
First Bank v. S&R Grandview, L.L.C., 2014 WL 846671 (N.C.App., 2014).
(:Summary: Transferable Interest a/k/a Distributions And Economic Rights:)
(:description Transferable Interest a/k/a Distributions And Economic Rights:)
(:keywords charging order, transferable, interest, transferable interest, distributional, distribution, economic right:)
(:linebreaks:)
[[!Topic]] Transferable_Interest [-TopicsCreditorRestrictions-]
[[<<]]
[[<<]]
Courts frequently struggle with three issues in regard to the transferable rights, a/k/a distributional or economic rights of the debtor/member ("D/M"):
1. What constitutes the D/M's rights that are subject to the charging order.
2. The effect of a charging order on the D/M's rights.
3. The effect of a foreclosure on the D/M's rights.
What constitutes the D/M's rights that are subject to the charging order? The confusion here arises from the general structure of the Harmonized Acts, which require a court to look outside the creditor's rights Article to other parts of the particular Act to make the determination that only the D/M's distributional rights are implicated. This can be fixed by a better explanatory Comment.
The effect of a charging order on the D/M's rights? The current language of § 503(a) states that "a charging order constitutes a lien on a judgment debtor’s transferable interest . . .." The phrase "transferable interest" requires the court to then determine what that means, an eventually ends up a lien being placed on the "distributional interest". That the lien is on the "distributional interest" should be better spelled out in the Comment.
The effect of a foreclosure on the D/M's rights? Similarly, § 503(c) talks about "transferable interest" when "distributional interest" would be more clear.
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!!DISTRIBUTIONS AND ECONOMIC RIGHTS OF DEBTOR/MEMBER
(:pagelist link=Category.Transferable_Interest list=normal:)
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Wholesaler Equity Development Corp. v. Bargreen, 2021 WL 321560 (W.D.Wa., Feb. 1, 2021).
BMO Harris Bank N.A. v. Smith, 2020 WL 2914838 (June 3, 2020).
Kostoglou v. Fortuna, 2020 WL 813366 (Fla.App., Feb. 19, 2020).
Pansky v. Barry S. Franklin & Assoc., 2019 WL 581620 (Fla.App., Feb. 13, 2019).
P-C Palladio, LLC v. Nassi, 2014 WL 584315 (S.D.N.Y., Feb. 14, 2014).
First Bank v. S&R Grandview, L.L.C., 2014 WL 846671 (N.C.App., 2014).