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defaulted on its business loan with Eastpac Bank Ltd ('Eastpac'). Eastpac has appointed a receiver pursuant to the terms of its loan agreement. Julio is

defaulted on its business loan with Eastpac Bank Ltd ('Eastpac'). Eastpac has appointed a receiver pursuant to the terms of its loan agreement. Julio is an employee of Curtin and is concerned about his employment status now that Curtin is in receivership.

Team A represent Julio. Advise him on how the receivership impacts his employment.

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