Mining & Resources
PPSR UPDATE: Serial Numbered Goods

PPSR UPDATE: Serial Numbered Goods

WELCOME CHANGES TO THE PPSA COMMENCE TOMORROW Up until now, leases or bailments of certain serial numbered goods (such as motor vehicles) for a term of 90 days or more were deemed to give rise to security interests under the Personal Property Securities Act 2009 (Cth)...

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Risk Allocation Tools: Indemnities

Risk Allocation Tools: Indemnities

WHAT IS AN INDEMNITY? In its simplest form an indemnity is an agreement between two parties in which one party agrees to cover loss and damage suffered by another. As such indemnities are a very effective tool to allocate risk between transacting parties. The risk we...

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Signing Contracts: When the Formalities Can’t Be Followed

Signing Contracts: When the Formalities Can’t Be Followed

  In the March edition of CK Momentum, we looked at the formalities of signing contracts. However, in some commercial dealings following the formal rules of, for example, having two directors sign a document or asking for a copy of a board resolution to verify a...

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Signing Contracts: When the Formalities Can’t Be Followed

Signing Contracts: When the Formalities Can’t Be Followed

In the March edition of CK Momentum, we looked at the formalities of signing contracts. However, in some commercial dealings following the formal rules of, for example, having two directors sign a document or asking for a copy of a board resolution to verify a...

read more
Risk Allocation Tools: Indemnities

Risk Allocation Tools: Indemnities

WHAT IS AN INDEMNITY? In its simplest form an indemnity is an agreement between two parties in which one party agrees to cover loss and damage suffered by another. As such indemnities are a very effective tool to allocate risk between transacting parties. The risk we...

read more