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by mwwaters
1107 days ago
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It is sort of the inverse. To be pedantic, mechanics have mechanic's liens which allows them to hold a car forever until they're paid. If it's worth enough for Google, Google could definitely bring full force of judgments. The only thing is the LBO debtors have a UCC lien which may be worth more than what Twitter is worth in a bankruptcy. Twitter does currently have cash and may pay a judgment to prevent an event of default on the big debt. But debtors always have to worry being behind secured debt. |
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