High Court gets priorities right

The Australian High Court has finally announced its decision in the Sons of Gwalia case, which many lenders and debt holders wail will be the ruination of us all.

Gwalia ruling riles lenders by Andrew Trounson

Guambat was highly sceptical of such claims some time ago. See, A question of priorities and Lenders are having another lend of us

Ruling on Gwalia reinforces existing shareholder rights by John Walker

It is not the role of the legislature to afford additional protections to the debt markets. The debt markets are more than able to protect themselves.