Expo Holdings Inc. (EXPH)

[Acc441]

Property/mortgage tax collection...you are correct.....however when it comes to lien encumbered machinery and such ..as long as the original lien was filed properly AND before the notice of tax lien then the creditor retains first rights in most cases.

This is especially true if the lien holder obtained a Judgment against the debtor for specific property Before the notice of tax lien was filed.

And remember...JD CONveniently sold of the shaver street property and facility well before the tax issues appeared on the horizon....coincidence? I think NOT.