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Thread: Showtime to do SMW tournament with Abraham/Kessler/Froch/Taylor/Ward/Dirrell?

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  1. #1
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    Default Re: Showtime SuperMiddle Tournament

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by Lance Uppercut View Post
    Quote Originally Posted by Kirkland Laing View Post

    If Palle wins in court it'll apply to Kessler's bank account.
    ..in what ever county he is bringing suit. Hopfully Kessler is smart and doesn't keep all of his money in Denmark.
    It doesn't matter where the money is, if you lose a contractual dispute and you won't pay the amount a judge awarded he can freeze your assets anywhere in the world.
    Not true. It's called jurisdiction. Not all country's have treaty's with others, in which they respect each others judgments. If Kessler has his money in the Cayman Islands, how in the world would a Danish court get to it?

    In fact, in the US alone, a person may have trouble enforcing a judgement from one state to another.
    Last edited by Lance Uppercut; 07-07-2009 at 11:11 PM.

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    Default Re: Showtime SuperMiddle Tournament

    Quote Originally Posted by Lance Uppercut View Post
    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by Lance Uppercut View Post
    ..in what ever county he is bringing suit. Hopfully Kessler is smart and doesn't keep all of his money in Denmark.
    It doesn't matter where the money is, if you lose a contractual dispute and you won't pay the amount a judge awarded he can freeze your assets anywhere in the world.
    Not true. It's called jurisdiction. Not all country's have treaty's with others, in which they respect each others judgments. If Kessler has his money in the Cayman Islands, how in the world would a Danish court get to it?

    In fact, in the US alone, a person may have trouble enforcing a judgement from one state to another.
    If he tries hiding his money anywhere they'll just suspend his passport till he pays up. Any case decided by a national court in an EU country carries the full force of European law. But it doesn't matter anyway, tax havens are only good for hiding money the authorities don't know about. If Kessler transfeered his dough to the Caymans or Switzerland it'd leave a trail and the authorities just follow the trail and apply to the bank where the money is. Plus since the financial crisis nobody is helping anybody hide money anymore, even Switzerland are currently in the process of handing over the details of tens of thousands of American Swiss account holders to the IRS.

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