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freezing method
Frozen Law Introduction
Frozen law is a legal practice that involves freezing assets that are owned by a defendant in a criminal or civil case. The assets are held by the court, or by a third party, until the case has been resolved. This practice has become increasingly popular in recent years as......
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Sophie
Human Resource Value Accounting
Human Resource Accounting: Measuring and Reporting the Value of People
The age of information technology has made human resource accounting (HRA) an increasingly important means of measuring and reporting the value of human resources in a business organization. In today’s competitive business e......
Lehman Brothers
Leverman Brothers Bank: A History And Overview
Lehman Brothers is one of the world’s most famous banking institutions. Founded in 1850, the company has a long and storied past that includes the financing of both major industries and the development of the modern financial system. It is known pri......
State-owned Assets Supervision and Administration Commission of the State Council
State Asset Supervision and Administration Commission of the State Council
State Asset Supervision and Administration Commission of the State Council (SASAC) is the main bureaucracy charged with managing the vast state-owned assets of the Chinese government. Established in 2003, SASAC has been ta......
International Offshore Financial Center
Introduction
Offshore finance refers to the practice of international financial operations conducted outside of one’s home country’s financial possessions, or the banking and investment of offshore resources. It is an activity that has become increasingly popular over the last few years due to......
Korean Institute of Certified Public Accountants
Korea Institute of Certified Public Accountants
The Korea Institute of Certified Public Accountants (KICPA) is a professional organization that was founded in 1978 by the former Korean Ministry of Finance and Economy. It is a self-regulatory organization that provides assurance and audits service......
Trust
Trust Institution
Trust institution is a generic term for a legal entity, created to hold and manage property in order to achieve specified objectives for the benefit of third parties, known as beneficiaries. They are most commonly used in financial services, often in the context of estate or pen......
"Guarantee Law of the People's Republic of China"
The Peoples Republic of Chinas Guarantee Law
The Peoples Republic of Chinas Guarantee Law (hereinafter referred to as the “Guarantee Law”) was adopted on August 31, 2001 by the 5th Session of the Standing Committee of the 10th National Peoples Congress and came into force on October 1 2001. The......
debt settlement receiver
Debt Settlement Receipt
When an individual or a business owes debts to external creditors or entities, debt settlement is the process of negotiating with creditors to reduce the total amount of debt owed and agree on a payment structure that fits within the debtors budget. A debt settlement recei......
bankruptcy
Bankruptcy
When most people think of bankruptcy, they think of it as a negative thing. Indeed, bankruptcy is a difficult and challenging process. However, it is also an important legal tool to help people get out of debt and get a fresh start. This article explains how bankruptcy works and the be......
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