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Property
2 mins to read

Teak building firms owe $8m, subbies want liquidator out

Lawyer says sub-contractors on various jobs are ‘queuing up’ for claims against the failed builder.

Money is still owed to contractors for the Victopia apartment project in Auckland.

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Construction and property litigator Finn Collins says the liquidators of Teak Construction have deliberately set a tight deadline ahead of a vote that would see them replaced with an independent firm.

Collins – who said he was acting for "between 20 and 30" sub-contractor claimants against the

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Brent Melville Tue, 10 Mar 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Teak building firms owe $8m, subbies want liquidator out
Property,Law,
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