Archive | Creditor Turnover

Holy Mango! Statute That Allows Creditor to Seize Property from Third Party Is a Taking.

Who else but inversecondemnation.com would discuss a case dealing with dried fruit, from Guam no less?  The case is Western Sales Trading Co. v Genpro Int’l, Inc. (Guam), No. CVA 19-023 (July 28, 2021).  The Court held that a Guam statute permitting a judgment creditor to take property from a third party was a taking. Under the statute, a Guam judgment creditor is specifically authorized to file a motion for an order to show cause to compel any person who holds the assets of the judgment debtor to turn over… read more

Posted in Creditor Turnover, Fifth Amendment, Public Use
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