"All that is very well," said Don Quixote; "but let the shoes and the blood-lettings stand as a setoff
against the blows you have given him without any cause; for if he spoiled the leather of the shoes you paid for, you have damaged that of his body, and if the barber took blood from him when he was sick, you have drawn it when he was sound; so on that score he owes you nothing."
In the absence of Debtor & Creditor Law section 151, a levy prior to prepayment interferes with the debtor's right of setoff
. Where, prior to the prepayment, an execution has been served and a levy accomplished, the debtor is divested of the claim against the garnishee and can no longer exercise the setoff
In addition, he assists clients in developing and negotiating credit arrangements to minimize transaction risk, including guaranties, credit support addenda, netting and setoff
agreements, and master netting agreements.
Applications: pick testing, setoff
, color, fastnesses, missing dots, toner adhesion, and many more.
The appellate court held that the husband was entitled to a 50 percent credit of the reimbursable household expenses he paid from separation to the date of sale without considering the matter of a 50 percent fair rental value setoff
A series of advances, totaling $334,400, were made between January 2003 and May 2003, each backed by a separate promissory note, set forth with a payment schedule and a waiver of the right to interpose any setoff
Commerce denied a setoff
of the overcharge against the duties due.
Many reinsurance agreements contain setoff
clauses, which provide, in substance that the parties to the agreement may offset any and all reinsurance debts owed by or to them under the same or any other reinsurance agreement between them.
Unfortunately, when the taxpayer owes tax for a delinquent year, it can be assessed; no setoff
Food can be adulterated by passage of food grade ink through diffusion, setoff
from a printed surface or while in use -- particularly cooking at high temperatures.
Instead, counties seeking to recover the cost of jailing the defendant must use a process in which the Office of State Courts Administrator can seek a setoff
from a defendant's income-tax refunds or lottery-prize payouts.