Areas of practice

View all

Personal Property Securities

Overview

Security interests in personal property can be critical to risk management, priority, and recoverability, particularly where goods, equipment, inventory, or other assets are supplied, financed, or used as security. We advise clients on the creation, protection, enforcement, and priority of security interests, including issues that arise under the Personal Property Securities Act.

Our work includes reviewing security arrangements, advising on registration strategy, responding to priority disputes, and assisting with enforcement where a debtor defaults or an insolvency event occurs. We focus on practical advice that strengthens our clients’ position before problems arise and supports effective action when they do.

Service Spotlight

PPSA issues are often overlooked until a transaction becomes distressed or insolvency risk materialises. We help clients identify vulnerabilities early, make informed decisions about registration and documentation, and act quickly where priority or enforcement issues arise.

FAQs

What is a security interest in personal property?

Broadly, it is an interest in personal property that secures payment or performance of an obligation. It can arise in many commercial arrangements, not just traditional finance documents.

Why does PPSA registration matter?

Registration can be critical to preserving priority and enforceability, particularly if the counterparty defaults or becomes insolvent. Failure to register correctly can significantly affect recovery prospects.

Can you help if there is already a PPSA priority dispute?

Yes. We advise on priority, competing claims, enforcement options, and related disputes where rights in personal property are contested.

Related services