Click the link below to download our February 2018 newsletter which considers: the reduction of the term of bankruptcy to one year registering a security interest for professional services guarantees – paying out the creditor and taking their security garnishee notices – obtaining judgment against the garnishee notary public services Read more…
When is a holding company liable for the debts incurred by its subsidiary company? Holding or parent companies control the shares of other companies, being subsidiary companies. These holding companies can be liable for the debts incurred by their subsidiary companies, without having been involved in the transaction that incurred the debt. (more…)
This article provides a brief overview of some key provisions in the Personal Property Securities Act 2009 (Cth) (PPSA). In particular, it will cover:
- The definition of personal property under the PPSA;
- Examples of personal property;
- Questions to consider; and
- What business owners should do in response to the PPSA.