Windows of opportunity (TT JulAug09 p36-37)

The Treasurer July - August 2009

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For businesses with access to the funds, debt buybacks can prove very cost-effective, with “fire-sale” prices sometimes as low as 15%. But controversial deals to buy back distressed debt have led to questions over whether they are legally effective, and the wording of agreements has been put under the spotlight.

ACT Annual Conference 2010

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