Failing to Protect Security Interests in Australia Can Be Costly
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Failing to Protect Security Interests in Australia Can Be Costly
By Masi Zaki, Senior Associate & Kate Arnold, Paralegal, Russells
The recent New South Wales Supreme Court decision in Forge Group Power Pty Limited (in liquidation)(receivers and managers appointed) v. General Electric International Inc. [2016] NSWSC 52 clarifies two key issues concerning the scope of Australia’s Personal Property Securities Act 2009 (...
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Kate Arnold is a paralegal at Russells and works with the commercial property and insolvency and restructuring teams. She is currently completing her law degree in partnership with the Sydney University of Sydney Law Extension Committee and the New South Wales Legal Profession Admission Board. During her time at Russells, Arnold has gained exposure to many areas of law and has a keen interest in both property and insolvency.
Masi Zaki is a senior associate with Russells in Sydney, Australia. He is an insolvency, restructuring, and dispute resolution lawyer who has acted in court proceedings and transactions in Australia and elsewhere. Zaki’s experience covers a range of industry sectors and includes working with external administrators, companies and their directors, and secured and unsecured creditors in turnarounds, deeds of company arrangement, schemes, and court proceedings. He can be reached at mzaki@russellslaw.com.au.
