Client Challenge

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Mortgage Lender goes Bankrupt. What now?

Banks going bust has been a major source of anxiety for many people at many points in time. It was a large piece of the Global Financial Crisis (GFC) puzzle and sparked stock market carnage in 2023, when Silicon Valley Bank’s collapse hit headlines.  But while depositors and shareholders face one set of risks when…

Top Shelf International enters voluntary administration

Less than one year after being put up for sale and one week after gaining shareholder approval for a planned $10 million capital raise, embattled Australian spirits producer Top Shelf International has been placed into voluntary administration following an extended period of economic hardship and debt pressure. Announced to shareholders yesterday, the decision follows shortly…