Aussie liquidator prevented from managing Decmil subbies retention fund
Court finds liquidator used retentions fund without first clarifying whether he could.
Will Mace Wed, 03 Nov 2021
The liquidator of a failed local subsidiary of Australian construction giant Decmil has been prevented from managing a retention fund related to subcontractor work done on a terminated Department of Corrections project.
In a decision released this week, Justice Ailsa Duffy of the High Court at
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit