It should also be noted that while a Participant's rights have Federal law components under § 357.10(a), the nature of a Security Entitlement held by a lower tier intermediary on the books of a Participant is determined pursuant to applicable law as provided in § 357.11.
The resulting sense of entitlement held by CAFC judges in the 80s and 90s to legislate from the bench produced one of the most violent expressions of judicial activism ever, and the results have been predictably abhorrent.
Then there's the issue of entitlement, the suspicion, deeply held by some on the left, that the Clintons have an assumption of ownership over the Democratic party and over high office.
On April 11th Paul Ceglia who last year filed a lawsuit claiming entitlement to half of the stake held by Mark Zuckerberg, Facebook's youthful co-founder submitted an amended co-founder submittedith e-manls thamendedlaimed would support his complainta share in the completeMr Ceglia's bombshell withdropped on the same day that Facebook's boss received some better news.
But entitlements and duties that would have once been held by a medieval seigneur are often included.
(f) If a security is held by a securities intermediary against whom an entitlement holder has a security entitlement with respect to the security, the issuer may not assert any defense that the issuer could not assert if the entitlement holder held the security directly.
(b) An entitlement holder's property interest with respect to a particular financial asset under subsection (a) is a pro rata property interest in all interests in that financial asset held by the securities intermediary, without regard to the time the entitlement holder acquired the security entitlement or the time the securities intermediary acquired the interest in that financial asset.
Thus, he said, much discretionary power is actually held by civil functionaries who can manipulate priorities, impose barriers to entitlements and pressure legislators for rules and budgets favorable to their own interests.
American debt levels are certainly unhealthy, as is the character of that debt — heavily held by overseas governments, and pressured by arriving generational liabilities in the entitlement system.
American debt levels are certainly unhealthy, as is the character of that debt—heavily held by overseas governments, and pressured by arriving generational liabilities in the entitlement system.
