ANZ 1.74% $19.16 australia and new zealand banking group limited

age article also relevant for opes anz

  1. 490 Posts.
    West's article also interesting.

    http://business.theage.com.au/business/bell-rings-for-allco-20081028-5a3f.html?page=fullpage#contentSwap2

    These may take a while to plead but if Bell goes to the liquidator, and Allco decide not to let the Banks "perfect their security", bring in the administrator and their charge is overturned too, then it is almost certainly game, set, and match for ANZ and ML's charge over Opes. It is probably that way anyway, but you gotta love precedents in commercial litigation.

    Who thought this was going away?
 
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