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Clipping Business’s Wings: Illegal Phoenixing Reform

Australia - July 6 2018 Phoenixing involves stripping and transferring the assets out of a company, leaing it to perish in a blaze to avoid paying its liabilities. A new…

Owen Lunney.

Your business and the PPSA - Don’t Risk it!

Australia - March 14 2018 The Personal Property Securities Act 2009 (Cth) (PPSA) has been in effect for over 6 years, yet many businesses are still unaware of the existence…

Charles Cheah, Suzanne Howari.

Change is here for “PPS Leases” under the PPSA

Australia - June 27 2017 On 19 May 2017, the Personal Property Securities Amendment (PPS Leases) Act 2017 (Cth) (Amendment Act) received Royal Assent and is now effective. The…

Charles Cheah, Suzanne Howari.

Update - Appeal dismissed - Court confirms $60 million windfall gain

Australia - February 14 2017 The Full Court of the Supreme Court of NSW has rejected an appeal against the decision in Forge Group Power Pty Limited (in liquidation) (receivers…

Charles Cheah, Suzanne Howari.

Error in your PPSR registration? Court confirms (yet again) the cost of getting it wrong.

Australia - February 13 2017 The growing jurisprudence in Australia in relation to the Personal Property Securities Act 2009 (Cth) (PPSA) has demonstrated, once again, how a…

Charles Cheah, Suzanne Howari.