collapsed broker may avoid liquidation..., page-11

the smarter way to go would be for the adminstrator
to take legal action against ANZ for all creditors
using some of the funds from merril etc and therefore
avoid paying 25-40% to a ligigation funder.
Also the damages should seek are
return of all shares for each client
payment of all legal costs
payment of all adminstrators costs.
damages for lost opportunity cost (as cant access shares
for trading,collateral etc)
damages for pain and suffering.
damages for clients time spent over opes.