An indemnity is a contract by one party to keep another harmless against loss. It transfers risk from one party to another to compensate for loss. Some businesses assume that throwing in a broad, [...]
Consumer credit industry, beware! ASIC is targeting the responsible lending laws across the credit industry. Recently, payday lender Nimble Australia Pty Ltd (Nimble) failed to meet its [...]
The Personal Property Securities Act 2009 (Cth) (PPSA) commenced on 30 January 2012. However, many financiers and lessors are still unaware of its importance or have simply decided to ignore its [...]
For many businesses, the Personal Property Securities Act 2009 (Cth) (PPSA) is a complex web of cumbersome regulatory measures and difficult to manage compliance requirements. Businesses in the [...]
