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Member Articles


Lenders, Be Wary When Extending Credit on Rental Income Stream

By: Alison Rind A recent 7th U.S. Circuit Court of Appeals case reminds lenders that it is incumbent upon the lender to verify the income stream before extending credit based on rental income. In Wells Fargo Equipment ...

Perfect Your Security Interest By Filing Before A Closing

By: Michael Smith In most commercial loan transactions, a lender will secure a loan by filing a Uniform Commercial Code (UCC) financing statement to perfect its security interest in the borrower’s personal property. ...

Sublet v. State: It is what it is or is it?

By: Brad McCullough One of the more ubiquitous idiomatic phrases used in recent years has been, “It is what it is.” In three consolidated cases decided last month by the Court of Appeals of Maryland, the Court turne ...

No apportionable claim and a costs order – a double blow for a professional indemnity insurer

By: Mark Brookes and Katherine Hayes The High Court’s recent decision in Selig v Wealthsure Pty Ltd [2015] HCA 18 carries a warning for both financial service providers and their professional indemnity insurers. To ...

Post Traumatic Stress compensable injury under the Civil Aviation (Carriers Liability) Act

By: Glenn Biggs and Nadia Stacey In November 2009, CareFlight sent a nurse and a doctor in its employ, Ms Karen Casey (Ms Casey) and Dr David Helm (Dr Helm), from Sydney to help transport a seriously ill patient from S ...

Foreign Bribery Update: OECD issues follow up Report on Australia’s progress in anti-bribery law reform

By: Audine Bartlett The Organisation for Economic Cooperation and Development’s (OECD) Working Group on Bribery in International Business Transactions (Working Group) has published its latest report (released in Apri ...

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