Operating Leases as Second-tier Security Interests: A Continuing Case for Nemo Dat Under the Personal Property Securities Act 2009 (Cth)

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Operating Leases as Second-tier Security Interests: A Continuing Case for Nemo Dat Under the Personal Property Securities Act 2009 (Cth)

Two-tiered security interests arise when a grantor grants a security interestin goods and then leases those goods to a third party which creates asecond security interest in the goods in favour of the grantor. If the grantorfails to perfect the second security interest and the lessee becomesinsolven...

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Bibliographic Details
Main Author:	Widdup, Linda
Format:	Journal Article
Published:	Butterworths 2013
Online Access:	http://hdl.handle.net/20.500.11937/22954

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