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Pysdens Solicitors COVID19: IS IT A LIEN OR NOT?

Pysdens Solicitors COVID19: IS IT A LIEN OR NOT?

Pysdens Solicitors COVID19: Following an article by BIFA (British International Freight Association) entitled “QUAY RENT, DEMURRAGE AND STORAGE CHARGES 27/03/20”- we at Pysdens solicitors have reviewed liens given the reference to a right of sale in that article. A lien may give the power to hold and sell goods when the party holding them has not been paid to require payment to facilitate release of the goods or enable recovery of such sums through sale of the goods. Liens have many complexities and they should not be exercised without careful thought and consideration. We urge caution at this time when exercise of liens may be under consideration and invite you to read our article on the subject: 272 PYSDENS COVID-19 – IS IT A LIEN OR NOT