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In the case of Virax (VHL), administrators from Grant Thorton...

  1. Medify
    1,180 Posts.
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    07/02/14
    21:40
    Post #: 12907945
    In the case of Virax (VHL), administrators from Grant Thorton created a DOCA that included establishment of a "Creditors Trust".

    Under this arrangement, the recapitalized cancer drug company is required
    to pay some $7.7m to creditors from funds that may flow from milestone payments, royalties and other income.
    WAS Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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