Mr. Segal is a wealthy man, and among other properties is the sole beneficial owner of two

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Mr. Segal is a wealthy man, and among other properties is the sole beneficial owner of two corporations that own substantial land in Ontario. He and his wife divorced and as part of the proceeds she obtained a judgment that she was unable to collect on because all of Mr. Segal’s assets were offshore or otherwise protected and shielded through a series of holding companies and nominal owners. She located two properties in Ontario owned by corporations controlled by Mr. Segal. The court found that although Mr. Segal was not the actual shareholder of those corporations, he was the beneficial owner through a chain of holdings and that the shares were held in trust for him. Explain the arguments for and against whether Mrs. Segal can enforce the judgments against the properties and the likely outcome of the action.

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