Operators’ and Processors’ Liens: Priority, Enforcement, and Practical Considerations
AbstractThis article discusses the consequences of non-perfection of an Operator’s lien and the casual attitudeof Operators towards protecting their security interests. The authors also discuss the nature and level of protection provided by a valid Operator’s lien in a variety of circumstances, and a number of enforcement considerations, from both a practical and legal perspective, in both a perfected and non-perfected context.
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