Recovery@Ferriers

Navigating uncharted waters for secured creditors

The credit crunch and the market downturn form just part of the changed business environment facing banks, financiers and other secured creditors in the second half of 2008. As identified in the last issue of Recovery@Ferriers, there have been significant structural changes as well – such as major amendments to the Corporations Act and the introduction of the IPA’s Code of Professional Practice.

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