AFG australian finance group ltd

why call administrator now, page-23

  1. 5 Posts.
    Doubt it... its just standard par for the course.

    Entering voluntary administration is trigger under banks'
    F&F charge to take control and crystallise their security;
    this puts the company in receivership.

    McGrathMcNicol & Ferrier Hodgson will just collect plenty of fees out of new this business...

    Afterall THEY will rank ahead of the banks' charge!! ;-)
 
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