Guarantees, securities and enforcement law

  • Special moveable liens: types, basis and detailed legal regime

    By Raphaël MORENON
    17 July 2025
    Special moveable liens are a discreet but powerful category of security for creditors. Unlike conventional securities such as pledges, they are created directly by law to protect certain claims deemed to be particularly legitimate. They are an essential component of the legal arsenal of movable securities, offering a preferential right over the value of the debtor's specific movable assets. When it comes to strategies for securing receivables, mastering them is an asset, although their legal regime, particularly since the reform of movable property liens and their rationalisation by the Order of 15 September 2021, requires a precise analysis in order to understand their scope and limits. Introduction to special moveable liens: security over specific assets French security law traditionally distinguishes between two major families of moveable liens. General liens cover all of the debtor's movable assets, while special liens cover all of the debtor's...
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