Chapter IV: Lien and enforcement of pledges

The lien resulting from the pledge contract is established without dispossession by the mere fact of the registration referred to in articles L. 123-1 and L. 123-2. Unless previously renewed, pledge registrations lapse on expiry of a period of five years.

Unless otherwise stipulated in the contract and recorded in the public film and audiovisual register or in the options register, the beneficiary of one of the rights referred to in 2° and 3° of article L. 123-1 duly registered, and upon production of the statement provided for in article L. 125-1, collects alone and directly, notwithstanding any opposition other than that based on a legal lien, up to the amount…

Under penalty of nullity, no sale by public auction, whether voluntary or forced, of a cinematographic or audiovisual work or of any of its components may be carried out until fifteen days after a summons to attend the sale, which the pursuing party must serve on each of the creditors entered in the public film and audiovisual register or in the register of options, at the address given in the…

Where the sale of these assets has not taken place by public auction, the purchaser who wishes to secure himself from the proceedings of the registered creditors is required, on pain of forfeiture and at the latest within fifteen days of the summons to pay being served on him, to notify all these creditors at the address they have elected in their registrations: his surname, first names and address, the…