Are you prepared for the worst?

The holiday season in Australia is a time for businesses and business owners to switch off and enjoy parties and presents. The end of the PPS transitional period might not be as flashy or as fun as the holiday season but it could prove very important to the bottom line of your business. The PPS

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Would you risk your Lamborghini

We are gradually seeing more cases coming through regarding the PPSA (Personal Property Securities Act). A recent case that was handed down in September, Auto Moto Corporation Pty Ltd v SMP Solutions Pty Ltd [NSW] 1403 (19 September 2013), involved a document that may have given a security interest over a Lamborghini Aventador. Personally, I

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Personal Property Securities Register

The Personal Property Securities Act which changed the Law regarding Retention of Title, trading and payment for personal property, commenced in January 2012. It is now almost 18 months since it started and we are seeing the results of people not acting quickly enough to protect themselves. Take, for example, our client who provides goods

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PPSA – Act now…or you could be in the poo!

We’ve inundated you throughout 2011 with information about the PPSA … now it’s finally here! 30 January 2012 sees the much anticipated (especially for us lawyers!) introduction of the new personal property securities register (PPSR). Although newly introduced in Australia, we can learn from the New Zealand cases as they introduced a PPSR in 2002

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PPS … Yes, we’re at it again!

By now we’re sure that most of you are sick of hearing or reading about the Personal Property Securities (PPS) reforms. But, we are alarmed and concerned about the number of people who do not realise that PPS will affect their business. Whether it be due to an increase in the securities that will be

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