lienholder


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lienholder

(ˈliːənˌhəʊldə)
n
(Law) a party who holds a lien on a property
Also called: lienor
References in periodicals archive ?
The firm has extensive experience representing creditors committees, debtors, equity committees, mechanics lienholder committees, shareholder committees, and employee and retiree committees in chapter 11 proceedings, out-of-court restructurings, restructuring and company dissolution, credit finance and distressed mergers & acquisitions.
Chippewa provided the funding for Mesabi to make the deferred mechanic lienholder payments last Friday, over three years ahead of schedule.
Impasse is a final offer by the lienholder which has been rejected by the client, or a final offer by the client that has been rejected or ignored by the lienholder leaving the lien dispute unresolved.
Title Direct is a service that allows documents from multiple sources, typically the insured and lienholder, to be sent directly to an IAA Branch, reducing cycle time and cost for the carrier.
A junior lienholder who objects through the court may tender to the creditor the amount due under the negotiated transfer and assume the benefit of the proposed transfer.
Cooley lawyers are well-known for our extensive experience representing creditors committees, debtors, equity committees, mechanics lienholder committees, shareholder committees, and employee and retiree committees in chapter 11 proceedings, out-of-court restructurings, restructuring and company dissolution, credit finance and distressed mergers & acquisitions.
46) The Indiana law further provided that the tax sale was followed by a "two-year redemption period during which the 'owner, occupant, lienholder, or other person who has an interest in' the property" may reclaim title.
Although it is still possible to have an unrecorded assignment, the rights of such an assignee are possibly inferior to those of a subsequent recorded lienholder or purchaser.
The Wall easement agreement provided that each lienholder had agreed to subordinate its mortgage interest to the preservation easement.
There is the sneering backwoods lienholder, Cy Marmaduke, "Born up yander in Poverty Hollow" (50), who informs Amantha, "A nigger is what you kin sell" (51).
A 1993 Massachusetts law puts the condo fee lien as the first lienholder, even in front of a previously recorded first mortgage.
112) It is the lesser of the two because the amount a lienholder stands to recover can fall below the lien's face value but cannot rise above it; the lienholder will never stand to recover more than the face value of the lien.