Sentence examples for Dissipated assets from inspiring English sources

He said Lincoln was taken over not because it was insolvent but because the management had substantially dissipated assets and was operating the institution in an unsafe and unsound manner.

restrain the defendant from transferring or dissipating assets.

During the hearing he was accused of failing to comply with court orders as well as hiding and dissipating assets.

Mr. Herula and Ms. Capalbo recently placed their $5.5 million house on the market and tried to transfer money to offshore accounts to dissipate assets, the S.E.C. said.

Mr. Sorkin said that while he "cannot excuse" Mr. Madoff's behavior, his client mailed the objects "for sentimental reasons, not to dissipate assets".

The public has an interest in ensuring that judgments issued by courts and affirmed on appeal are enforced, and in preventing judgment debtors from unlawfully transferring and otherwise dissipating assets instead of paying their judgment creditors.

3 Divorce--Often cited as the number one challenge, divorce drains funds in legal fees and dissipates assets.

The night before the family were killed, the jury was told, Du had been served an injunction to prevent him from dissipating his assets to avoid paying £88,000 in legal costs.

And they say, 'I'd rather deal with the annual premium than my parents dissipating their assets.' " With that kind of outlay, the children had better be sure that they are the beneficiaries — and that their parents don't spend all the money on themselves.

A husband who suddenly becomes secretive, controlling or defensive about money could be someone who is diverting or dissipating marital assets.

And remember: If he is in a new relationship, he might be dissipating marital assets by buying his girlfriend gifts, taking her to expensive restaurants and posh vacation resorts or actually supporting her. 7.