Small win for insurers dealing with credit claims
- Published 26.11.2018
Theodorou v Roberts [2018] (August) Avery v Alexander [2018] (January) Magistrates Court, Brisbane QLD
Theodorou v Roberts [2018] (August) Avery v Alexander [2018] (January) Magistrates Court, Brisbane QLD
AFCA, the new external dispute resolution scheme for the financial services sector, became operational on 1 November 2018.
Justice Legislation Amendment Bill (No 3) 2018 (NSW)
Summary
Millions of dollars, set-off and application of the Personal Property Securities Act 2009 (Cth) (PPSA) were all at stake in the recent WA Court of Appeal decision Hamersley Iron Pty Ltd v Forge Group Power Pty Ltd (In Liquidation) (Receivers and Managers Appointed) [2018] WASCA 163. In addressing the issues, the Court provided important PPSA lessons and principles for creditors and insolvency practitioners.
Background
Summary