Blackbird swoops in effort to extinguish secured creditor’s rights under DOCA

Mark Wilks and Brooke Egan of Corrs analyse the Full Federal Court’s decision in Blackbird First Mortgage Corporation v Jacobs [2025] FCAFC 136, confirming that a deed of company arrangement does not extinguish a secured creditor’s rights to enforce security for new advances made after the DOCA’s execution.