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Cashing bank guarantees: not always an easy process

  • Norton Rose LLP
  • -
  • Australia
  • -
  • July 21 2010

A recent decision of the Supreme Court of Queensland makes it clear that cashing an unconditional bank guarantee is not always straight forward, depending on the wording of the construction contract which refers to bank guarantees or other security

PPSA and the construction industry

  • Norton Rose Australia
  • -
  • Australia
  • -
  • January 29 2013

The Personal Property Securities Act 2009 (Cth) (PPSA) is a law about security interests in personal property which applies Australia-wide. The PPSA