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liquidation News

Thursday September 20, 2018

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Canadian Arm of U.K. Carillion Files for Creditor Protection
Business
Tuesday January 30 2018

Canadian Arm of U.K. Carillion Files for Creditor Protection

Carillion Canada has been granted protection from creditors by the Ontario Superior Court under the Companies' Creditors Arrangement Act.

Builder Insolvencies and Holes in the Ground
Business
Thursday June 8 2017

Builder Insolvencies and Holes in the Ground

The Australian high-rise apartment boom is winding down and there are signs that some contractors are winding up.

Administrator Called in for Watersun Homes, 80 Jobs Lost
Residential
Wednesday March 1 2017

Administrator Called in for Watersun Homes, 80 Jobs Lost

Watersun Homes, a construction company that formerly sponsored an AFL team, has called in administrators to sell its projects and told 90 full-time workers their jobs...

Pre-fab Firm ABT Put into Liquidation
Business
Friday January 20 2017

Pre-fab Firm ABT Put into Liquidation

Promising firm ABT Construction has been put into liquidation by transport firm Multi-Trans over unpaid bills amid reports of frictions within its management team.

More Bad News For Bob Day’s Creditors
Business
Monday November 7 2016

More Bad News For Bob Day’s Creditors

Every creditor of former senator Bob Day's home building group except National Australia Bank is likely to come away with nothing, liquidators say.

Mainzeal Liquidators Reject $16.7m in Claims
Business
Friday April 1 2016

Mainzeal Liquidators Reject $16.7m in Claims

The liquidators of the Mainzeal group of companies that started collapsing on Waitangi Day in 2013 have rejected $16.7 million of claims, or about 11 per...

Rethink Your Construction Heroes and Role Models
Business
Wednesday August 19 2015

Rethink Your Construction Heroes and Role Models

A glaring example of this nation’s twisted psyche was put on display recently with the passing of Alan Bond.

Another Perth Builder Goes Bust
Residential
Tuesday May 12 2015

Another Perth Builder Goes Bust

Another building firm in Perth has gone into insolvency as job losses in the construction sector in that state continue to mount.

Liquidators Access Debts for Victoria St West
Business
Tuesday May 5 2015

Liquidators Access Debts for Victoria St West

Liquidators of property developer Tony Gapes's investment vehicle Victoria Street West are yet to finalise how much is owed, but say $1.4 million is potentially available...

Business
Aug 8 2018
York Civil in Voluntary Administration

South Australian construction and engineering company York Civil has entered voluntary administration, but the state's transport minister says work on two major infrastructure projects will go...

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Mining
Jun 8 2018
Palmer Must Repay Creditors: Liquidators

Clive Palmer says his companies will draw on their cash reserves to reopen his collapsed Townsville nickel refinery but liquidators want him to repay money owed...

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Business
Feb 23 2018
Another WA Builder Calls Trading Halt

Another West Australian building company has suspended trading and operations due to financial viability problems a fortnight after one of the state's biggest builders, Cooper &...

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Business
Feb 6 2018
Fairfax Holdings to Acquire Major Parts of Carillion Canada

Toronto-based Fairfax Financial Holdings Limited and Carillion Canada Holdings Incorporated announced Feb. 5 they have entered into an agreement for Fairfax to acquire the services division...

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Business
Feb 6 2018
WA Builder Locks Out Workers, Shuts Sites

One of Western Australia's largest builders, Cooper and Oxley, has suspended operations because of financial viability problems, leaving subcontractors out of pocket and the company's future...

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Business
Jan 19 2018
U.K. Construction Giant in Liquidation, Putting 6,000 Canadian Jobs at Risk

One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company...

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