Intelligence

Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis

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Feb272017

Termination of winding up revisited

In the recent decision of In the matter of The Wills Group Pty Limited (in liquidation) [2016] NSWSC 1907, the...
Feb272017

ACN or ABN – the $23,000,000 question

It is often stressed how important it is to correctly register a security interest on the Personal Property Securities Register...
Feb162017

Historical security interests on the PPSR

The Personal Property Securities Register (PPSR) is the single national register of security interests in personal property. As set out...
Feb132017

Consequences of failing to maintain a company’s books and records

In the recent decision of In the matter of Swan Services Pty Limited (in liquidation) [2016] NSWSC 1724 the Supreme Court...
Feb132017

Don’t take it personally: Bankruptcy and Guarantees

The law surrounding whether amounts which become payable under personal guarantees following a guarantor’s bankruptcy have been brought into question in...
Feb132017

Perfect possession

What happens when you have a unperfected security interest and the grantor is wound up, appoints administrators or become bankrupt?...
Jan302017

Describing the collateral in your PPSR registration

When registering a security interest on the Personal Property Securities Register (PPSR), a user may be given the option to...
Jan272017

Dealing with it in Victoria too! Introduction of Priority Notices in Victoria

In November of 2016 we reported on the introduction of Priority Notices in New South Wales. On 9 December 2016,...
Jan232017

The danger of a small deposit

It is the norm in New South Wales for a deposit of 10% to be paid on exchange of a...
Jan232017

Increase in Personal Insolvencies rounds out 2016

On 17 January 2017, the Australian Financial Security Authority (AFSA) released its data on personal insolvencies for the three months...
Jan172017

Demolishing tenants’ repair obligations

Tenants should make sure they aren’t caught out having to carry out or make payment in lieu for make good...
Jan092017

Liquidators’ Late Amendment Upheld by Court of Appeal

The decision of the New South Wales Court of Appeal in Sydney Recycling Park Pty Ltd v Cardinal Group Pty...
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