AUSTRALIAN mining and transport group Rivet, the reincarnation of McAleese, has placed a number of businesses into administration just months after their establishment.
Australian Road Express and Rivet Mining Services East, which collectively employs more than 200 people across Australia, were put on notice, with receivers McGrathNicol entering on July 17.
However, 48 hours after the company announced to the press it was going into receivership, some creditors were yet to be contacted and had not received formal notification by the time of publication four days later.
One creditor who had also experienced the McAleese downfall said there was a sense of dejavu.
“We lost a lot when McAleese went under but were given guarantees to cover …
Read the full article at: https://www.bigrigs.com.au/news/creditors-concern-at-rivet-end/3204913/