The first big decision on the PPSA dealing with the PPSA priority rules between a registered security interest and an unregistered interest has been handed down. In Maiden Civil v QES [2013] the NSW Supreme Court found that a registered security interest had priority over an unregistered interest, even though the unregistered interest was that of the owner….
Posts Categorized: Personal Property and Security Act
Consumer Rental Agreements under the PPSA
Posted by - & filed under Personal Property and Security Act, Uncategorized.Owners of businesses involved in consumer leases or consumer rentals need to understand the effect of the PPS Act, and to take appropriate steps to protect their interests. It is vital to ensure that consumer rental agreements under the PPSA are properly drafted. What is effect of the PPS Act (or PPSA) on your business?…