Subcontractors may lose out in the latest construction sector collapse as the industry grapples with ongoing challenges of business failure and insolvency.

In the latest development, restructuring insolvency specialist David Young has been appointed as a liquidator of the Integrated Construction Management Group, which went into liquidation on April 17. Owned by directors Paul Attard and John O’Gorman, the company has offices in Sydney and Melbourne, and boasted a clientele including Investa,…