How an $8 PPSR security registration could have saved $50m of GE money
A major Personal Properties Security Act (PPSA) ruling in Forge Group Power Pty Limited (in liquidation)(receivers and managers appointed) (Forge) v General Electric International Inc (General Electric) [2016] NSWSC 52 has highlighted for those involved in leasing, renting, hiring or otherwise lending assets, the importance of registering their security interest in those assets. The PPSA [...]