Receivers lose on punt for equitable liens

KPMG's Matthew Woods

There's a line between acceptable levels of risk taking on behalf of creditors and forcing one's hand in pursuit of fees, and as Federal Court judge Darren Jackson recently explained, material distinctions in respect of indemnities when things go south.

Or in this case west, where those material differences came to the fore when KPMG's Perth-based head honcho of restructuring Matt . . .

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