A practical guide to the developing case law

For lawyers, financiers, insolvency practitioners and commercial advisers, the PPSA is now central to how credit, risk, security and priorities security are understood in Australia’s economy.

In the years since its introduction the courts have had to grapple with the application of the PPSA in a variety of complex transactions giving rise to an evolving judicial interpretation of the Act.

In Australian Courts on the Personal Property Securities Act, leading commercial law scholar Professor Sheelagh McCracken of the University of Sydney examines the key decisions that have defined the operation of the PPSA in Australia.

Drawing on all the case law since the coming into force of the PPSA this concise and authoritative work will:

• Analyse how Australian courts have interpreted the PPSA since its commencement
• Explain the practical implications of leading cases for practitioners
• Provide clear commentary on how the law continues to develop