Probuild’s creditor list too long for snail mail
The administrators of collapsed construction giant Probuild are dealing with at least 2300 individual creditors and that number was more than they could contact by post before Friday’s creditors’ meeting, their lawyer has said.
The number of creditors had also grown unexpectedly by 300 on Tuesday when the administrators’ representatives came across large numbers of people still on Probuild sites who had not been included in the list of creditors supplied by the company management, Hamish Austin, QC said.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Commercial
Fetching latest articles