Turks is proud to have one of Australia’s largest practices in trade credit advice and recovery. Our specialist Trade Credit team delivers an unrivalled value proposition to large corporates and SMEs selling goods on credit terms, as well as major trade credit insurers and their 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:
- debt recovery and dispute litigation
- retention of title (PPSA) recovery
- defending liquidators’ unfair preference claims
- document drafting including terms of trade.
We run portfolio debt recovery services for large corporate and government entities.
One of the leading firms in terms of 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 disputes as to PPSA issues including insolvencies of Harris Scarfe, RCR, Borders Bookstores, Allans Music, Amerind, and Clive Peeters.
We are often asked to advise and present in front of industry groups relating to 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.