can sps trust be forced to buy out pxupa's? , page-29

Thanks boomeronrations I guess in administration the banks get paid first then hybrids.Hybrids are before trade creditors?Yeah a bit dicy if it goes into administration ordinary shares are stuffed hybrids maybe also?The worry in administration is how long it takes and how messy it is. The receivers are out to make a dollar also.Did a couple of searches on timbercorp and it looks as though hybrids got nothing.Allco not so sure but a phone call to Ferriers Hodgson the receivers might let you know about a few of these?Ferriers Hodgson website has all the cases listed.