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Published by Chiara Rawlins
Jun 17, 2020 in Insolvency

An important PSA for the PPSA – Retention of title clauses and other security interests in insolvency

Suppliers of goods often rely upon retention of title clauses to preserve their goods in the event the purchaser defaults on any aspect of the supply agreement.  However, how enforceable are these provisions when the purchaser enters into administration or liquidation or becomes bankrupt?  What steps can suppliers take to protect their interests in these circumstances? When commercial parties enter into transactions, it is best practice...
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