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What is the process for releasing seized assets in the event of insolvency in Chile?
In the event of insolvency, the release of seized assets may require court approval and may involve the distribution of assets to creditors.
What is the supply contract in Brazil?
The supply contract in Brazil is an agreement by which one party (supplier) undertakes to deliver goods or services periodically to another party (customer), in exchange for an agreed price.
What is the interdiction action in Mexican civil law?
The interdiction action is the legal procedure to declare a person's inability to manage their property and rights due to mental illness or cognitive impairment.
How is the amount to be seized determined in Argentina?
The amount to be seized is determined based on the outstanding debt and legal regulations that establish specific percentages depending on the type of assets or income.
Are there incentive programs for regulatory compliance in Paraguay?
Some regulations may offer incentives for organizations that comply with regulations, such as reduced purposes or tax benefits.
Is there the possibility of carrying out a preventive seizure in Panama?
Yes, it is possible to carry out a preventive seizure in Panama. The preventive seizure is carried out as a precautionary measure before a legal process is initiated, with the objective of securing the debtor's property or assets until the dispute is resolved. To request a preventive seizure, an application must be submitted to the court, arguing the existence of sufficient grounds to justify the precautionary measure.
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