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Failed construction firm's liquidators chase Grant Thornton docs

Unsecured creditor claims for Armstrong Downes Commercial have more than doubled to $30m.

Waterstone Insolvency principal Damient Grant.

Armstrong Downes Commercial liquidator Waterstone Insolvency is still waiting for the previous liquidator, Grant Thornton, to hand over documents which may explain why the fees it racked up in six weeks were so high.  

The Wellington-based construction firm was placed into liquidation in May, after

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Nicholas Pointon Wed, 07 Dec 2022
Contact the Writer: nicholas@nbr.co.nz
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Failed construction firm's liquidators chase Grant Thornton docs
General Business,
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