Failure to register a security interest within time: the primary considerations

Alicia Salvo, Annabelle Browne and Teisha Deckker of Corrs review a recent situation in which a party requested that the court extend the period of time to register its security after missing the original window of time, noting that a primary factor in the court’s decision was the extent to which the order sought would cause prejudice to third parties, in particular unsecured creditors.