My understanding is that everything is now in the hands of the provisional liquidator, who will (we assume) make every effort to wrest back MED's assets - including I imagine the $14,000,000 lent to AXIS.They are legally obliged to use their best efforts.
I doubt that outside lawyers could get their hand on assets ahead of the provisional liquidator.
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
