West Australian road construction contractor Advanced Traffic Management has been forced into liquidation, bringing several major projects to a standstill and leaving more than 400 employees in limbo.
David Hodgson and Andrew Hewitt of Grant Thornton were appointed liquidators on Tuesday after the Federal Court ordered the company be wound up, ending a four-month Federal Court case.
Advanced Traffic Management entered liquidation on Tuesday.Credit: Advanced Traffic Management.
In a notice issued by the pair on Wednesday, they advised the companys contractual works would cease immediately, with no further personnel to be dispatched.
It is understood staff were advised this morning, told to return company property to their respective…
Read the full article at: https://www.watoday.com.au/national/western-australia/perth-projects-brought-to-standstill-as-advanced-traffic-management-enters-liquidation-20230823-p5dyyz.html
