A building company that recently collapsed owes creditors in excess of $13 million while a handful of customers claim they are set to lose the sum total of the money they paid as a deposit.
At the end of last month, the Victorian Supreme Court ordered residential builder Apex Homes Australia Pty Ltd to go into liquidation.
A concreting business lodged a winding up application against the building company earlier this year over a $46,200 debt dating back to October 2023 and five other creditors including the Commission of State revenue joined the case.
Matthew Blum of insolvency firm BDO was appointed as the liquidator and revealed to news.com.au this week that initial estimates have placed the companys debts at more than $13 million.
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