so it appears the banks have appointed a receiver:he is quoted:...

so it appears the banks have appointed a receiver:
he is quoted:


"I would like to assure customers and employees that our appointment allows the Spectrum, Services, Gordon Brothers and Austral businesses to continue to operate with minimal disruption while we run an orderly sale campaign for each business," McGrathNicol partner Peter Anderson said in a statement.

"We do not expect to make any significant structural changes to the businesses or their workforces."

evidently PBB will be "working" on the middle east businesses