Coroner & Legal
FEA: Here come the Receivers
Receivers have now been appointed to Forest Enterprises Australia Ltd … that usually means that the banks and the secured creditors have moved to put Their Men in charge with a view to getting their money. The Receivers will be acting for the banks … not the shareholders, or workers, or creditors.
Read about it: HERE
If you want to know the differences between Voluntary Administration, Receivership and Liquidation then the best source of info is: HERE