Liquidation Expenses Principle - Law Dictionary Search Results
Liquidation expenses principle
Matched in: Term Liquidation expenses principle
Lien
of equitable liens are vendor's lien (q.v.); partner's lien on partnership assets; trustee's lien for costs, charges and expenses; and other instances, where equity allows a lien. As to maritime lien, see the Kong Magnus, 1891, P. … latter post. Then the lien against his previous post automatically disappears. The principle being that no Government servant can have simultaneously two liens against two … contract. (2) The debts or claims to which a lien properly attaches. It attaches only to certain and liquidated demands, and not to those which sound only in damages, and can be ascertained only through the intervention
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