This article reviews the black letter law governing property owners’ third-party beneficiary status in construction subcontracts and then examines the flow down clause and a recent Utah case ...
A federal court recently rejected arguments by MultiPlan, Inc. and Cigna Health and Life Insurance Company that they had no obligation to ...
the right to hold title to property or assets for the benefit of a third party, the beneficiary. Trust’s can be established for a variety of reasons, some of the more common ones being to ...
the right to hold title to and manage property or assets for the benefit of a third party, the beneficiary. Trusts can be established to provide legal protection for the trustor’s assets to ...
The beneficiary may lose assets to creditors ... A trust protector is an independent third party who can be appointed if needed to minimize tax, provide greater asset protection or otherwise ...
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