cut the bos, page-13

"However, he did warn at this interview that this is not a done deal by any means and that receivership in Australia is quite brutal...a pessimist would call this a softening for what is about to befall centro."

I very much hope that is not the case - there would be a lot hurt and it would seem a ridiculous thing to happen.

If one of the banks is ANZ note that they are under great pressure to reduce their bad or suspect debt, which I presume includes Centro, and may act if their credit rating is threatened and they think they can recover their money by destroying the company - look at Opes' Clients - ANZ were willing to destroy some of them financially in the money grab to rein in that debt.