explain, background of any relevant general principle of law, the position of creditor with proprietary security right on a particular movable good in case of insolvency of the debtor, what if another creditor also has such proprietary security right on that good of this debtor?

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explain, background of any relevant general principle of law, the position of creditor with proprietary security right on a particular movable good in case of insolvency of the debtor, what if another creditor also has such proprietary security right on that good of this debtor?

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