Turks is proud to have one of Australia’s largest practices in trade credit insurance advice and recovery. Our specialist Trade Credit team delivers an unrivalled value proposition to the trade credit insurance industry including insurers, brokers and insureds.
We work closely with our clients to achieve commercial outcomes, providing legal advice in the context of the wider business strategy.
Our services in the area of trade credit include:
- insurance claims advice
- policy drafting
- debt recovery and dispute litigation
- retention of title (PPSA) recovery
- defending liquidators’ unfair preference claims
- document drafting, including terms of trade.
One of the leading firms in Personal Property Security Act (PPSA) recoveries, we have been key advisers to the trade credit insurers and major trade credit suppliers since 2009. We have acted for numerous suppliers in resolving PPSA disputes, including insolvencies of Harris Scarfe, RCR, Borders Bookstores, Allans Music, Amerind, and Clive Peeters.
We are often asked to advise and present to industry groups relating to claims issues, PPSA recoveries, defence of unfair preference claims and debt enforcement strategies.
We also work closely with the industry. As a national partner of the Australian Institute of Credit Management (AICM), we work alongside AICM and its highly respected national and divisional affiliates to support the development of the credit management profession in Australia.