The fact that the beneficial ownership of the property has passed to the defendant provides no defence; indeed, it is usually the very fact which founds the claim.
As many of you well know, there is currently no state requirement to identify and disclose beneficial ownership information when a legal entity is created.
These warrants can be used by the owners to pledge beneficial ownership or transfer title of the stored goods to financiers as collateral in return for working capital.
In the property category, one team proposed a blockchain for a register that records underlying beneficial ownership of property held via trust arrangements.