Report on failed subsidiaries shows general security agreement stands in way of trade creditors owed $29m.
Tim Hunter Fri, 13 Jul 2018
A general security held by parent company McConnell holds the key to how much money unsecured tradies may recover in the collapse of the Orange H construction group.
The first report from liquidators Andrew Bethell and Andrew McKay of BDO put unsecured creditor claims on the 10 companies in the