I love Brad Pitt, there I said it. However, Jennifer Aniston, doesn’t seem to love him as much. The couple divorced in 2005 and split up their assets including the production company, Plan B Entertainment, which the couple started in 2001. Bradush (that’s what I call him) took over the company and produced a bunch of critically acclaimed films. Recently, we heard the rumors that Bradush is planning to sell Plan B and fielding big-money offers. That got Aniston allegedly wanting a piece of the action, in the form of $100Ms out of the proceeds of the sale of the company.
So, what can we learn from this former lover’s quarrel?
Firstly, we learn that in Florida, this dispute should be handled in the family court that heard their divorce. Can I get a witness from all the family lawyers out there?
Secondly, we can learn all about liens. A lien is a legal claim against either an individual or business’ property or assets. The lien allows the lien holder a stake in the asset to take legal action to settle any debts on the property or assets. There are various types of liens.
Consensual liens are voluntary and often resulting from a loan or line of credit. Yes, the mortgage is a consensual lien on your property. Statutory liens typically come in two flavors, mechanics liens (when someone provided a good or service and wants their money) and tax liens (local, state, or federal government, wanting their share for delinquent taxes, including property, income, and estate taxes). We also have judgement liens resulting from a lawsuit. However you call it, a lien is a legal claim against someone’s interest and allows for the lien holder to collect money when the asset is sold or liquidated. I like to think of liens as hold on an asset. You cannot transfer an asset with a lien as the buyer would not want to take on the seller’s debt. The lien must be satisfied before the asset transfers from seller to buyer.
There you have it folks, we learn all about liens and that I have a soft spot for Bradush. You never know lol
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