ANZ 1.58% $30.46 anz group holdings limited

opes mediation two, page-4

  1. 437 Posts.
    I am of the opinion that the proof of claims through a DOCA may be on an individual basis. Having the 15 October as the netting date for voting will ensure that some clients of OP that were aware of their obligations under an AMSLA are captured by the right judgement and date. There are clients within OP that ANZ perhaps do not want to settle easily with or feel were full aware of their AMSLA obligations. In my opinion, the mediation process for clients may be done through OP and the administrator on a case by case basis for proof of claims bringing to life questions 1.3.2-1.3.4 of the judgement. My guess is that retail clients will get to pass go with their proof of claims as they are easy to define by law and ASIC would be well aware that they should not have been involved at the outset in a wholesale product designed for sophisticated and wholesale clients.

 
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