40 results found

The first significant decision under the Australian Personal Properties Securities Act has followed NZ and Canadian law.

Difficult requirements and significant FMCA penalties can discourage organisations from planning a public capital raise.

The High Court decision in Rutherford v BNZ serves as a warning for lenders offering mortgages over jointly owned property.

This case is a reminder that the scope, nature and priority of each charge will depend upon its own statutory regime.

Five international law firms with a presence in Australia have got together and developed a set of model PPSA provisions.

Businesses should manage risks by PPSR registration against all customers at the time of setting up their accounts.

This was a reminder that only "material" information must be disclosed when a company is in voluntary administration.

On April 13, 2021, the Government of New Zealand announced that it has become the first country in the world to introduce legislation requiring certain financial sector participants to disclose...

The Exemption intends to reduce the disproportionate cost barriers to capital raising for Small Code Companies.

The new Companies Office prospectus registration procedures could possibly be inconsistent with the Securities Act 1978.

The Personal Property Securities Register (PPSR) incorporates the introduction of the New Zealand Business Number (NZBN).

A SAFE (Simple Agreement for Future Equity) can be a quick and straightforward way for a company to secure capital.

The recent Court of Appeal decision in Vuletic v Contributory Mortgage Nominees Limited highlights the need for clarity in documentation intending to bind a guarantor.

This announcement reinforces the desirability of NZX issuers transitioning their ASX listing to a Foreign Exempt Listing.

There will be no individual caps on investments in a company raising funds via a licensed equity crowdfunding platform.

The Court of Appeal has reversed a High Court decision on a PPSA issue, described as being of "practical significance".

The Australian Federal Court in Leveraged Equities Limited v Goodridge has reaffirmed accepted practice regarding novations and assignments in the loan syndication and securitisation markets. This should lay to rest concerns raised in the first instance decision, Goodridge v Macquarie Bank Limited, almost a year ago. But the relief may be temporary as Mr Goodridge has indicated that he will appeal the court’s decision to the Australian High Court.