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Customers who sell their claims will also transfer their rights to collect proceeds from any class-action lawsuits stemming from the bankruptcy.
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As InterDigital collects proceeds from patent sales or licensing agreements, the company may turn around and buy additional patents for newer wireless technologies, this person said.
The youngest members of the gangs were paid to sell the drugs on the streets while more senior members supplied the homes, collected proceeds and brought the cash back to London for further drug purchases.
The organization notes that 100percentt of the collected proceeds will go toward the Nelson Mandela Centre of Memory.
They said she also sought to collect the proceeds from a life insurance policy on Mr. Ferri, described by the police as a millionaire.
They pay all subsequent premiums and collect the proceeds on the death of the insured or the maturity of the policy.
While the ruling does not end his claims against his partners, it permits them to collect the proceeds from selling the property, 77 acres between 59th and 72nd Streets.
A Queens man was arrested yesterday in what federal prosecutors said was a conspiracy to take out life insurance policies on Guyanese immigrants and then have them killed to collect the proceeds.
In the interim, when she applied for Medicaid, her life insurance wouldn't be considered an asset she had to turn over; nor would Medicaid try to collect the proceeds following her death as part of its "asset recovery" effort.
The family will be grieving and dealing with many issues and the last thing they want to do is collect insurance proceeds or try to figure out where you have placed the policy.
Thanks to the Byrd Amendment, an American law declared illegal by the World Trade Organisation and subsequently repealed by Congress, firms which file anti-dumping complaints can also collect the proceeds.
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