Liquidators to probe McConnell security
Report on failed subsidiaries shows general security agreement stands in way of trade creditors owed $29m.
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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
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Tim Hunter
Fri, 13 Jul 2018
Fri, 13 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Liquidators to probe McConnell security
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