Insolvency crisis continues, as embattled Sydney construction company collapses under weight of unpaid debts and building defect claims
Beleaguered sydney home builder J+CG: Building & Construction Company has entered administration, owing tens of millions to both creditors and customers due to alleged building defects. The family-owned company began operations in 1994, and constructed multi-storey apartment buildings, office complexes and commercial and retail spaces. The home builder was put into administration in May amid…