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An exceptional charge of €33m could be seen as a gauntlet for putative third party interest.
Here, no graphic symbol was attached to the lot to indicate that a "third party interest," as the legal phrase goes, guaranteed Sotheby's from the risk of a damaging defeat.
This move was "in response to recent third party interest in establishing strategic partnerships or potentially acquiring the company".
Any registered third party interest was maintained even if the quota units were transferred to another party.
Similar(56)
Among our principal results are that courts honor third party claims when contract members likely can price them and when third parties incur substantial reliance losses, but protect third- party interests less frequently than they should and refuse relief when contract members can identify the potential beneficiary class but not every agent who is likely to be in it.
In 1984, Congress addressed this problem when it enacted a statutory scheme whereby third party interests in criminally forfeited property are litigated by the court in an ancillary proceeding following the conclusion of the criminal case and the entry of a preliminary order of forfeiture.
Copyright issues were avoided and a highly secure data storage location free of third party interests was selected.
Are there any third party interests that may justify some kind of reckoning with mass atrocity, even if all of those involved would freely choose to put the past behind them?
Third party interests in infectious disease scenarios might compel some degree of compulsion to protect third parties.
Third party interests were also recorded administratively, with an undertaking to advise the third party before any further dealings with the quota units concerned would be processed.
Although a wide range of information is requested, including pedigree and family history data, no specific concerns are expressed regarding third party interests: they only acknowledge that test results might reveal information about others.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com