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 buses, and the buses had been sold by the liquidator.
Initial response from the liquidators’ lawyers disputed the claim based on the decision regarding transitional security interest in the Central Cleaning Supplies ( case. After squarely addressing the legal issues and strongly asserting our case, our client walked away with a signed cheque for 95% of the proceeds claim – all without undertaking legal action.
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