Get real life examples and practical tips and traps. Hear about the new proposed legislative reforms to the PPS Act and gain comprehensive insights into how you can avoid PPSR registration mistakes. Learn how to navigate priority issues and remove and release PPS interests where necessary. Walk away with real life examples in a workshop-style session, learn how to effectively identify and safeguard your clients from potential PPSA security interest losses
Chair:
Ian Davidson SC, Eight Selborne Chambers
1.15pm to 2.15pm Legislative Reforms: Proposed Changes to the PPS Act
Gain a valuable insight into the proposed changes to the PPS Act and how they will work in practice. Hear tips and guidance on how to deal with the PPS reforms.
Presented by David Carter, Partner, Dentons
2.15pm to 3.15pm The Ins and Outs of PPSA Registrations: When to Register, Perfecting your Interest and Common Stress Spots to Avoid
- What has to be registered and when
- How to register your interests
- Classifying of PPSR categories: what to look for
- Against what collateral do you register?
- Trust ABN as opposed to the corporate trustee ACN
- Which registrations are the most beneficial for your client
- Common errors
- Timeframe for making registrations and early registration
- Examples of PPSA registrations
Presented by Chris Wilkinson, Partner, Brown Wright Stein Lawyers
3.30pm to 4.30pm Priority Issues Under the PPSA
- Navigating the priority issues to understand the extent of your security
- Removal and release of PPS interests where necessary
- Recent and foundational decisions
- Practical and legal considerations for establishing security interests
- An examination of the functions and requirements of PMSIs
Presented by Stipe Vuleta, Managing Director – Strategic Advisory, Chamberlains Law Firm
4.30pm to 5.30pm WORKSHOP WITH REAL-LIFE EXAMPLES: How to Recognise and Protect from Loss the PPSA Security Interests of Your Clients
- Work through 10 common instances requiring PPSA registrations to be made across a range of legal practice types including commercial law, construction law, real property leasing, finance law
- Learn how to recognise when circumstances arise which require registrations to be made on the Personal Property Securities Register
- Learn how to avoid making registrations which are ineffective and won’t give your clients the protection they need from competing claims or on the insolvency of a contractual counterparty
Workshop Presenter
Karen Fairbairn, Principal, Keypoint Law
3.15pm to 3.30pm Afternoon Tea
Description
Attend and earn 4 CPD units in Substantive Law
This program is applicable to practitioners from all States & Territories
Presenters
Chris Wilkinson, Partner, Brown Wright Stein Lawyers
Chris is a Partner at Brown Wright Stein Lawyers. He is primarily a problem solver, helping clients to resolve issues in the following areas: insolvency and bankruptcy; commercial disputes; and taxation disputes. Chris advises directors and business owners on all aspects of the business life cycle including stakeholder disputes and director's duties and provides tailored insolvency and restructuring advice when things don't go as planned. He acts for and advises insolvency professionals, as well as creditors and debtors, in both personal and corporate insolvency matters, including in relation to voidable transaction claims.
David Carter, Partner, Dentons
David is a partner in our Banking & Finance team in Sydney, and has experience acting for a range of ADI’s, finance companies, vendor introducers and equipment lessors. David’s focus is on advising clients on all aspects of regulatory and compliance issues and has particular experience advising on the transition to and compliance with the National Consumer Credit Protection (NCCP) regime and the associated Unfair Contract Terms aspects of the Australian Consumer Law. David has also advised receivers and administrators on PPSA issues regarding the recovery of equipment and the validity and enforceability of PPS registrations. David regularly presents at forums, focusing on the current needs of both industry and corporate counsel in handling the changes to and ongoing compliance with the NCCP, PPSA and associated legislation. He is also on the editorial panel of the Australian Banking and Finance Law Bulletin.
Mr. Stipe Vuleta, Managing Director – Strategic Advisory, Chamberlains Law Firm
Leading Canberra Litigation, Insolvency & Reconstruction lawyer at Chamberlains Law Firm. A depth of experience from the traditional Legal and emerging Legal Technology sectors with Top Tier, Boutique and Online Expertise. Providing practical and commercial solutions to complex legal problems at all stages of the corporate and personal financial life cycle. Regular presenter on Insolvency, Building and Construction. Author and contributor to various Print & Online Publications.
Ms. Karen Fairbairn, Principal, Keypoint Law
Karen Fairbairn is an expert adviser on all aspects of the Personal Property Securities Act (PPSA). She has 30 years' experience in banking law and regulation and 9 years' experience in investment and commercial banking, including a rich knowledge of the PPSA, gained from an 18 month role as legal counsel to Westpac's PPS Reform Program. Karen acts for insolvency practitioners in dealing with the claims of secured creditors. She assists corporates across all industry sectors to establish or consider the appropriateness of their PPSA strategy and to defend their secured claims. She undertakes PPS registration reviews and remediation programs. She helps financiers to deal with actual and potential priority disputes and other PPSA-related matters. She advises on PPSA negligence claims against solicitors. Karen regularly gives presentations and seminars and publishes articles on PPSA issues.
