Thursday 30th August 2012
Purchase Money Security Interests under the PPSA
Perfection, Priority, Adjudication upon insolvency and Enforcement
&
Practical Implications of Enforcement under the PPSA
About the Workshop
This highly informative workshop has been designed to get you up to speed with two critical areas impacted by the PPSA. In the morning you’ll examine ‘purchase money security interests’ – this is a new, important type of security interest introduced under the PPSA, often shortened to ‘PMSIs.’ During the afternoon you’ll be provided with practical tools and tips to successfully handle insolvency situations. In this session you’ll be exposed to approaches required by insolvency practitioners and you’ll hear about the implications of the variations in practice that have resulted.
Benefits of attending:
- You will come away with an understanding of what PMSI’s are and how they function - DID YOU KNOW that failure to diligently perfect PMSIs and other security taken to secure outstanding trade and book debts can significantly impact on the recoverability of these accounts, and potentially the availability of trade credit insurance…?
- Learn from practical examples how the PPS regime applies to enforcement.
- Benefit from the opportunity to workshop various implications under a variety of scenarios.
- Discover how your peers are dealing with the same challenges you are
Who should attend?
Suppliers of any type of goods in Australia and importers of goods to Australia, who extend any form of credit to their buyers or customers, and financiers and advisers to these businesses.
The workshop is also recommended for all of those involved in insolvency enforcement situations, including insolvency practitioners, banks, legal and accounting firms, credit management and risk management.
About Your Workshop Leader:
 Lionel Meehan
Senior Associate
Ashurst
Lionel Meehan is a finance lawyer specialising in restructuring, insolvency, special situations, distressed investment and banking law at Ashurst Australia.
Lionel's recent experience has focused upon distressed investing, debt trading and special situations in the commercial real estate sector, and administrations and receiverships in the retail, oil and gas and transport industries.
Lionel has a keen interest in the Personal Property Securities Act 2009 (PPSA) and has presented and published regularly on various PPSA topics with particular focus on priority and enforcement issues under the PPSA.
 Stewart McCallum
Partner
Ferrier Hodgson
Stewart McCallum is a Partner of Ferrier Hodgson, who specialises in corporate insolvency and restructuring. Stewart is based in Melbourne, but has undertaken engagements in Asia, South America, the United Kingdom and Europe.
Stewart’s recent appointments include the receivership of a nationwide consumer electronics retailer, and in that role he has had firsthand experience of the implications and practical issues of enforcing under the PPSA, including in relation to Retention of Title and other transitional issues.
Over the past twelve months Stewart has conducted numerous PPSA training sessions for banks, accounting and legal firms.
Specialist guest presenters include:
 Melinda Gorman
Senior Manager
Ferrier Hodgson
Melinda Gorman is a Senior Manager of Ferrier Hodgson, who specialises in corporate advisory and insolvency. Melinda has broad range of experience in advisory, finance and insolvency roles, across a diverse range of industries both domestically and abroad.
Melinda’s more recent assignments have involved the restructure of aged care facilities in Victoria, a strategic review of a nationwide consumer retail chain and the receivership of a nationwide portfolio of industrial properties.
 Craig Morgan
Senior Manager
Ferrier Hodgson
Craig Morgan has over 10 years experience in the Restructuring and Insolvency industry, five of which were in the United Kingdom. Craig is a senior manager at Ferrier Hodgson based in its Melbourne office and has a broad range of experience across numerous industries including retail, professional services and manufacturing.
Craig has recently advised a variety of stakeholders in relation to the introduction of the PPSA legislation and how the legislation will impact them.
| Registration commences at 8.30am, with a 9.00am start finishing by 3.30pm |
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