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