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Read our Latest Article
Issue 2 - May 2021
Reading Time: 4 minutes As daunting as it may be, if you have been declared bankrupt, there are options available to you to seek to end your bankruptcy earlier than would otherwise occur (ordinarily, bankruptcy lasts 3 years from the date of lodgment of a Bankruptcy Form). For instance, you may seek to obtain an annulment of your bankruptcy. The term “annulment” is commonly used to describe the end brought...
Reading Time: 3 minutes Practitioners and their clients should be aware that the recent decision by El Salvador to legislate Bitcoin as legal currency tender may soon mean that (at least for Bitcoin) Australian cryptocurrency finance will require security interest registrations on the Personal Property Securities Act 2009 (Cth) (PPSA). Let me explain… The Personal Property Securities Act (PPSA) came into effect on 30 January 2012 brings into effect the...
Reading Time: 4 minutes The Personal Property Securities Act (PPSA) came into effect on 30 January 2012. For those not aware, the PPSA brings into effect the Personal Properties Securities Register (PPSR) which serves as a notice board for entities with interests in property in the possession of another entity. This includes suppliers of goods, financiers etc. The PPSA and the PPSR have been around for almost 10 years now....