Credit Bids on the rise in Australia

Timothy Sackar, Jillian McAleese, Ashleigh Tang and Marcus Carlei of White & Case observe an increasing prevalence of credit bidding in the market despite their lack of formal recognition within the Australian legal system and outline the key considerations insolvency practitioners should bear in mind when implementing such a transaction, especially where the insolvency practitioner's very appointor becomes their counterparty.

Read more.