Can SGH be saved, page-69

To Technicals point re: banks, an exert from The Australian;

There is some hope. The problem with lending large amounts of money to a services business like Slater & Gordon is that there are few hard assets — the assets walk out the door every evening. The banks would be acutely conscious that, in any form of administration, those assets would flee the firm’s buildings and they would be left with near-total losses on their loans.