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1.Market Observations, 5.Case Study, 5.Troubled companies

1 Dec 2022 (AFR) – Dixon Advisory clients to receive pittance under deed of arrangement

(1 December 2022, AFR, p21, Carrie LaFrenz and Jonathan Shapiro) – Here is a case study example of the possible outcomes when investing in various funds.

“Dixon Advisory’s administrators have told the failed group’s creditors – all of whom are current and former clients in its ASX listed US property fund – to back a deed of company arrangement that would result in them receiving as little as 3.1¢ on the dollar.”

Read the full article at AFR.com.

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