UROT is still security??

Breaking [unfair preferences]: QLD District Court rules that an unregistered retention of title may still be a form of security and that the time for assessing the value of same is at the time of each alleged unfair preference payment.

Case name: Trenfield v HAG Import Corporation (Australia) Pty Ltd [2018] QDC 107

More details and my analysis once the case link is released to the public.

This will make things much harder for Liquidators.

I still stand by the fact that I disagree with both propositions.

#SVVoidables #letthehighcourtdecide

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