Enforcing security: Difference between revisions

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{{a|repack|}}Commercial [[Legal eagle|legal eagles]] know a lot about ''taking'' security and ''granting'' [[Security interest|security]], but are usually well-clear of the blast radius by the time it comes to ''[[Enforcing security|enforcing]]'' security. They will talk airily of enforcing security without necessarily having a good practical grasp of what it means.
{{a|repack|}}Commercial [[Legal eagle|legal eagles]] know a lot about ''taking'' security and ''granting'' [[Security interest|security]], but are usually well-clear of the blast radius by the time it comes to ''[[Enforcing security|enforcing]]'' security. They will talk airily of enforcing security without necessarily having a good practical grasp of what it means.


In the world of repack, this is for the counterintuitive reason that ''it really doesn’t matter''. One does not enforce security in a repack. To do so is to have admit you have failed in your one job.
In the world of repack, this is for the counterintuitive reason that ''it really doesn’t matter''. One does ''not'' enforce security in a [[Repackaging programme|repack]]. To do so is to have admit you have failed in your one job.
 
====Why it’s best not to be giddy about enforcing security in a repack====
{{limited value of security in repack}}
{{limited value of security in repack}}
{{sa}}
{{sa}}
*[[Event of default]]
*[[Event of default]]
*[[Repackaging Anatomy]]
*[[Repack Anatomy]]
*[[Limited recourse]]