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General Business
5 mins to read
4

Decmil Aussie liquidator to stay

Liquidator rules out $82m worth of creditors in a vote to have him removed.

Maria Slade Thu, 09 Jul 2020

A bid to oust the Australian liquidator of collapsed prison builder Decmil has failed.

ASX-listed Decmil Group placed its New Zealand subsidiary in liquidation in April after its $198 million contract with the Department of Corrections to supply prefabricated jail cells was terminated.

Decmil

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Maria Slade Thu, 09 Jul 2020
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Decmil Group Department of Corrections Damien Grant Waterstone Insolvency Prisons and Corrections
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