Weitere Beispiele werden automatisch zu den Stichwörtern zugeordnet - wir garantieren ihre Korrektheit nicht.
A lienee who sells the chattel unlawfully may be liable in conversion as well as surrendering the lien.
The right is purely passive; the secured party (the lienee) has no right to sell the assets - merely a right to refuse to return them until paid.
A special lien can only be exercised in respect of fees relating to the instant transaction; the lienee cannot use the property held as security for past debts as well.
The owner of the property, who grants the lien, is referred to as the lienor and the person who has the benefit of the lien is referred to as the lienee.
A general lien affects all of the property of the lienor in the possession of the lienee, and stands as security for all of the debts of the lienor to the lienee.