PPSA

Hirers and lessors beware

KEEP UP OR RISK YOUR GOODS AND SECURITIES SLIPPING THROUGH YOUR HANDS. While your contracts may be watertight in today's legal environment, unless you make changes before the Pers…

Retention of title – weaknesses and reforms

Will your safety net catch you or tear apart when tested? While an effective RoT clause can be your saving grace if you are unfortunate enough to deal with defaulting and/or ins…

WOW Sight & Sound – first PPSA test case

The liquidation of WOW Sight & Sound was the first high-profile receiverships with significant PPSA consequences. The company went into receivership less than a month after the…

Resolving an $80,000 legal recovery claim out of court

With $90,000 on the line, a commercial seat supplier engaged us to enforce their PPSA rights against a bus building company in liquidation. The seats had been installed into bus…