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TITLE Supreme Court en banc Decision 2016Da220143 Decided October 18, 2018 ¡¼Return of Security Deposits for Membership¡½ [full Text]
Summary
In a security trust agreement, where essential sports facilities are transferred en bloc through either sale proceedings by an open competitive bid process or a limited tendering procedure pursuant to what is prescribed in the said agreement, whether a person acquiring the facility succeeds to the rights and obligations upon the registration and reporting of the relevant sports facility business, including matters agreed upon between the sports facility business entity and its members (affirmative)
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