The Financial Shield of the Polish Development Fund is a solution aimed at supporting enterprises which have suffered losses as a result of the coronavirus epidemic.

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For the benefit of our clients and friends investing in European distressed opportunities, our European Network is sharing some current global developments.

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For the benefit of our clients and friends investing in European distressed opportunities, our European Network is sharing some current developments.

Recent Developments

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This week’s TGIF examines a recent decision of the NSW Supreme Court which considered whether funds held in certain bank accounts of a failed Ponzi scheme should be returned to investors or paid to creditors of the companies.

What happened?

Since freezing orders were obtained by ASIC in 2017, details surrounding the infamous Courtenay House ‘Ponzi’ scheme operated from a small office at Westfield in Bondi have slowly emerged.

"Whenever there is change, and whenever there is uncertainty, there is opportunity."Mark Cuban, American businessman and investor

In the current global market, very few things are clear other than that volatility and change are ever-present.