What authority does the Pledgee have when it comes to selling or disposing of the Pledge?
The Pledgee can specify the method, means, time, place, and other aspects of sale or disposal without submitting a request to the Court. This includes options such as selling, disposing by another method, leasing, or licensing the Pledge unilaterally, over groups, or fully. The Pledgee can also choose whether to sell or dispose through a public or exclusive auction.