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Companies and individuals should act now to take appropriate action to protect their positions on or before 31 January 2014.

Companies invest in risk management and compliance but sometimes things go wrong in spite of all best efforts.

In a recent decision, the NSW Supreme Court (at the request of a mortgagor) ordered second and third ranking mortgagees to discharge their mortgages without receiving payment of their outstanding debt.

This review of the operation of the PPSA is required to be undertaken within three years of commencement of the Act.

These inconsistencies will soon come to an end, with the publication of the Takeovers Panel's revised Guidance Note 20.

IP owners and those who have IP security interests might not understand the full scope of the PPSA and its effect.

A further discussion draft of the WA finance brokers Code of Conduct was recently released for comment. Submissions are due by 9 August 2006.

A loan of money which contains no agreed repayment term becomes continuously recoverable at all times.

The law to facilitate easier retail debt fundraising has taken a step forward with Simple Corporate Bond legislation.

The conventional view is that an unconditional bank guarantee to secure performance of a contract operates autonomously.

There were a number of developments in relation to hybrid trusts in late 2008. The ATO issued a number of alerts and TD 2008/16 outlining problems with claims for deductions for interest paid on loans to "hybrid" trusts.

A lessor's security interest must be appropriately documented in accordance with the PPSA and correctly registered.

Security interests must be registered correctly to avoid assets vesting in a company if placed into administration.

The US sub-prime crisis and the consequent liquidity freeze have to date resulted in relatively little litigation in Australia (in contrast to the US), but further proceedings are likely.

Big data is rapidly changing the way in which regulators and law enforcement conduct an investigation and build a case.

The case considered whether demands for security for the vessel's release from arrest were excessive and unreasonable.

In an effort to reduce the amount of deaths from house fires, the NSW State Government has introduced the Environmental Planning and Assessment Amendment (Smoke Alarms) Regulation 2006 (EPA Regulation), which commenced on 1 May 2006.