In our second installment, we examine the standard legal opinions that are typically included in Australian law legal opinions (and the issues to be mindful of).
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Legal Opinions in Australian Finance Transactions 101: Part 1
In most large banking and finance transactions, where the bank (or banks) have engaged an external law firm to draft the financing documents, the bank will almost always require a legal opinion.
Read moreTaking Security Over Bank Accounts Under the PPSA
Taking security over a bank account is a common element of many security structures. The Personal Properties Securities Act 2009 (Cth) (PPSA) creates a new regime applicable to bank account…
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