DEAN KOZANIC/FAIRFAX NZ
Black Marlin Limited, which trades as Urban Construction, is in liquidation.
A Christchurch construction firm has gone bust owing about $1.5 million and leaving nearly 150 unsecured creditors unlikely to see a cent.
Urban Construction went into liquidation on February 9 with estimated debts of $729,708 to unsecured creditors. It also owed $498,922 to ASB Bank, an estimated $82,762 to the Inland Revenue Department and an estimated $58,653 of unpaid wages and holiday pay.
In its report, liquidator Rodgers Reidy attributed the company…
Read the full article at: http://www.stuff.co.nz/business/77747377/christchurchs-urban-construction-in-liquidation-creditors-owed-15-million