Decmil NZ caves over subbies' retentions
The failed prison builder's liquidator has backed down and agreed to pay out-of-pocket subcontractors.
In an 11th-hour deal, the failed local subsidiary of Australian construction giant Decmil has conceded that New Zealand subbies are owed $3.3 million in unpaid retentions.
The row was due to be heard in the High Court on Tuesday, but at the last minute the liquidator of Decmil NZ agreed that the
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