Insight

Registration Errors under the PPSA: A Case Law Inventory and Analysis

28/10/2020

Authors: Martin Lovell, Oliver Radan

Service: Corporate & Commercial | Corporate & Commercial Finance | Personal Property Securities | Restructuring & Insolvency

Registration of a financing statement on the Personal Property Securities Register is the most common way to perfect a security interest in personal property under the Personal Property Securities Act 2009 (Cth).

This article was published in a special edition of the Australian Business Law Review commemorating the 10th anniversary of the enactment of the Personal Property Securities Act 2009.  It provides a detailed analysis of the common registration errors on the PPSR and how these issues have been considered and addressed in recent case law. It then considers the various mechanisms for correcting registration errors and proposed reforms to address some of the most critical issues identified by small businesses and other stakeholders.

 

This article was first published by Thomson Reuters in the Australian Business Law Review and should be cited as, Martin Lovell and Oliver Radan, Registration Errors under the PPSA: A Case Law Inventory and Analysis, (2019) 47 ABLR 442.

 

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