A warning for suppliers distressed to the Nine

It's doubtful Nine Network's lenders would let the company go into receivership, but unsecured creditors must tread very carefully.

As the major lenders to the Nine Network try to reach some form of compromise, suddenly the horror word "receivership” is being mentioned in some media reports.

I don’t think the lenders to Nine would be silly enough to allow the group to go into receivership but stranger things have happened.

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