BCS brisconnections unit trusts

http://www.eurekareport.com.au/iis/iis.nsf/pages/BE7DB36F6762B54E...

  1. 608 Posts.
    http://www.eurekareport.com.au/iis/iis.nsf/pages/BE7DB36F6762B54ECA25751B0009CC68?OpenDocument

    Makes some sense - underwriters should offer to buy back each holder's units for $1 for the entire parcel.

    Avoids litigation and simplifies the underwriting that will inevitably need to be honoured anyway.
 
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