The PPSA provides for a register which records charges that a third party may have against the assets of a Company to secure payment of contractual entitlement.
Integrating PPSA registrations into your business is an important element in ensuring that in the event a customer becomes unable to pay its bills or meet debts owed to you then you can more easily collect those monies as they are secured against the assets of the customer which can be seized and sold in order to repay the debt.
Eakin McCaffery Cox Lawyers can assist you with issues relating to PPSA including:
- Registration of PPSA charges to protect your interest;
- Challenging erroneous registrations over you Companies Assets; and
- Drafting the Asset Security Agreements granting registerable interests