Circular Priority Issues Under the PPSA, Focus FMC Vancouver, May 2007
Date:
May 29 2007
Parties taking a security interest in a debtor’s personal property as collateral should always ensure that their interest is properly registered or otherwise perfected under the Personal Property Security Act (“PPSA”). However, proper registration or perfection is not always a complete answer. Secured parties may need to take further precautions to fully protect their interests against competing secured parties.
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