The Personal Property Securities Act 2009, possibly the most important change to commercial law in 25 years, has been in force for six months. It is not too early to identify practical concerns and issues that have arisen, and offer some solutions; also to address some misconceptions about the purpose and operation of aspects of the PPSA, and predict areas for litigation and legislative clarification.

In particular, the presenter will draw on his research and teaching in Canada and New Zealand.  The focus will be on legal and practical difficulties that can occur in Australia.  Areas include the scope of ‘security interests’, some registration issues, the ‘ordinary course of business’ rule, protecting multiple security agreements, problems of proceeds in i PMSIs, and aspects of enforcement.

Presenter: Associate Professor David Brown
David Brown is Co-Director of Bankruptcy and Insolvency Law Scholarship Unit at Adelaide Law School. He is a member of the Law Council’s Insolvency and Restructuring Committee. Previously an academic in England and New Zealand, he has published locally and internationally on the PPSA. He has presented at local, national and international conferences, and conducted PPSA training for ASIC, Insolvency Practitioners Association, and the Insolvency and Trustee Service. He is co-author of a forthcoming LexisNexis book, Duggan and Brown, ‘Australian Personal Property Securities Law’, to be published in December 2012.

Commentator: Peter Macks, Principal, Macks Advisory, Adelaide
Peter is a highly experienced advisor, with over 25 years experience in the insolvency and restructuring industry during which time he has been involved in some of the largest and most complex matters in South Australia and the Northern Territory.

Date:            30 August 2012

Time:            7.30 am -8.40 am

Breakfast:     A buffet continental breakfast will be served, accompanied by tea, coffee and juice

Venue:          National Wine Centre (Cnr North Tce and Hackney Road)

Cost:            $130 – Standard ticket

                     $110 – Alumni ticket

                     *$75 – Young lawyers discount ticket (for those who have been admitted for less than 3 years)

 The event will attract 1 CPD point.

Please RSVP by 28 August 2012 

Further information about this CPD event and other CPD events in the  Adelaide Law School Breakfast Seminar Series here

For questions or enquiries please email