FH and ANZ flapping around for over 6 months and achieved absolutely nothing....except to get opes clients into a worse position on their porfolios by using a 15 Oct netting off date.
FH needs to get it into liquidation and overturn the preferential charges. If FH asks creditors for another extension for mediation, vote against it. Its gone on long enough...ANZ were playing games as we all suspected.
For all opes clients reading this forum...time to get your own legal counsel or join one of the litigation groups. IMF is still open for new clients I understand. Not sure on S+G and Sweeney group. But whatever you do, time for fence sitting is over.
IMO commercial litigation against ANZ et al has sufficient evidence to date to prove beyond reasonable doubt that ANZ knew about the M+D fraud that was Opes, for many years, and let it continue regardless. But you need to be in a group litigation, otherwise you could be toast.
Do not rely on FH and/or ASCIC to do the heavy lifting, because IMO they will not. The ball is with each client now to drive the agenda.
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