BLA blue sky alternative investments limited

https://insolvencynotices.asic.gov.au/browsesearch-notices/notice...

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    https://insolvencynotices.asic.gov.au/browsesearch-notices/notice-details/Blue-Sky-Alternative-Investments-Limited-Administrators-Appointed-Receivers-and-Managers-Appointed-136866236/185f25d0-ce1f-40ff-affa-c8b3ce6c35ee

    Note you need to be a creditor (as the company has moved from equitor control to creditor control) to attend the meeting and you had to apply before.

    The class action would have been good to do before the Oaktree deal was signed because it would have predated their registration of security allowing a judge to override it (under anti phoenixing laws) or possibly preventing the deal altogether! (by making it unattractive for a first creditor.) Thus by suing BLA we could have saved it. But we weren't told about the terms beforehand were we, so much for the need for secrecy.
 
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