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- Title
ONE FLAW OVER THE CUCKOO'S NEST -- MAKING SENSE OF THE 'FLAWED ASSET ARRANGEMENT' EXAMPLE, SECURITY INTEREST DEFINITION AND SET-OFF EXCLUSION IN THE PPSA.
- Authors
Loxton, Diccon
- Abstract
The article offers information about issue of flawed assets in security interests under the Personal Property Securities Act 2009 (PPSA) in Australia. Topics include the term "flawed asset arrangement," under PPSA, the history of flawed assets in personal property, and the Supreme Court of Canada decision Caisse populaire Desjardins de l’Est de Drummond v Canada.
- Subjects
AUSTRALIA; ASSETS (Accounting); PERSONAL property; COLLATERAL security; FINANCIAL markets; LEGISLATION
- Publication
University of New South Wales Law Journal, 2011, Vol 34, Issue 2, p472
- ISSN
0313-0096
- Publication type
Article