Month: January 2014

PPSA Transitional Period ends 30 January 2014

The Personal Property Securities Act 2009 (Cth) (‘PPSA’) which commenced on 30 January 2012 has important implications for many of our clients who have long-standing terms of trade arrangements with their customers. Some of these arrangements may not have been reviewed for many years because the commercial relationship was very good and no one saw… Read more

Pay up or we’ll wind you up – issuing a statutory demand

You may have cause to issue one, or you might be on the receiving end. This brief article by Justin Courtney gives an introduction to the ins and outs of statutory demands. What is a stat demand? A statutory demand is a device provided for in the Corporations Act which allows a creditor to demand payment… Read more