The perils of tardy PPSR registration: Pozzebon (Trustee) v Australian Gaming and Entertainment Ltd

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Date
2014-11
Author
Lovell, Martin Howard
Morrow, Laity
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Abstract
The recent decision of Pozzebon (Trustee) v Australian Gaming and Entertainment Ltd1 serves as a cautionary tale to secured lenders. It illustrates how a failure to register a security interest on the Personal Property Securities Register (PPSR) within 20 business days of execution may have dire consequences, rendering the security worthless if the corporate security provider enters external administration.
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Copyright © 2014 LexisNexis. This article is made available per the publisher's Content Sharing policy.
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https://advance.lexis.com/api/ permalink/2f631955-2616-4395-8c1a-2fbc18e2e7a4/? context=1201008&federationidp=SFHJ6R50981
http://hdl.handle.net/2328/38974
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