Babcock & Brown Limited (BBL) is in liquidation.
BBIPL (pronounced bi'pple - rhyming with nipple) ... the operating unit, is not.
BBI management contracts are run out of a still trading subsidiary of BBIPL.
The Liquidator is going after the directors. With any luck at all, a few bankers will be caught up in the circus.
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Babcock & Brown Limited (BBL) is in liquidation.BBIPL...
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