Methods used by government to seize the assets of foreign firms

A process of lawful seizure by a sovereign or another public body is understood as confiscation . There are two categories of situations concerning the forfeiture: criminal and civil. Around half of all forfeiture cases currently practiced are civil, although others are brought in conjunction with a relevant criminal case.

The features carried by the civil forfeiture are as follows:

The criminal confiscation include following points:

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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