Dec. 5 at 2:48 AM
$OPTI In performing an AI search regarding judgement liens, in California, although most expire in 10 years, they can be renewed, thus the li ens are “forever” unless they are waived by the loan holders makes. Once notified of the plan to sell the company,it makes no sense for the lien holder to block the sale of the company by maintaining the lien judgement as is. In doing so if the sale of the company does not go through the lien holder gets nothing. Logically,it is in the best interest for the receiver to make deals in the form of cash,stock,or stock options, in return for waiving the lien and allowing for the sale of the company. Doing so is a win-win. Rather than getting nothing, the lien holder will receive funds, receiving cash is better than maintaining a worthless lien. Or should the merged company be successful, could result in significant gains (assuming payment in stock/options). This appears the only way the receiver will be successful in getting the judge to sign off.