PPSR Update: Leases & Bailments
The Personal Property Securities Amendment (Deregulatory Measures) Act 2015 (Cth) (Deregulatory Measures Act) will soon come into effect as an amendment to the Personal Property Securities Act 2009 (Cth) (PPSA).
What is a Personal Guarantee?
A personal guarantee is a promise that is usually provided by a director of a company, making the director personally liable for the payment of money or compliance with obligations on behalf of the company.
Appointing a Corporate Trustee in a Family Trust
Corporate trustees have many benefits, such as limited liability and easy succession, when appointed as trustees in discretionary (family) trusts.