General News

November 30, 2021 By subbiesu Leave a Comment

Privium Vote to Remove Administrator Deadlocked

In round one of the the 12 round "Battle of Brisbane", Privium creditors delivered an epic blow that left the glass jawed FTI reeling, groggy and …

November 25, 2021 By subbiesu Leave a Comment

This is what we are working towards in the Construction Industry

Article from our ABC.net.au Before Richard Ludwig's company went bust, he and his pre-insolvency advisers smuggled more than $740,000 out of the …

November 18, 2021 By subbiesu Leave a Comment

To Privim Pty Ltd Creditors

The practice of a director of a company in trouble appointing an administrator or liquidator is flawed. To us its always a conflict of interest and …

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SubbiesUnited is not “anti builder”, we support strong builders.
We are “anti theft” of hard working subbies money.

It’s not just about the builders who go broke, businesses all over Australia Liquidate every day for a variety of reasons.

It’s about the ones that engage in calculated criminal behaviour such as providing false information to the regulators or inducing subbies to work on a site when they know they cannot or are not going to pay them because of a fraudulent scheme. Its about the participation of the banks, pre insolvency advisors and builder appointed Liquidators to fraudulently defeat creditors.

Liquidators should always be appointed by creditors to ensure a thorough investigation takes place.

We want the rogues investigated and prosecuted for fraud.

SubbiesUnited was created to provide subbies with collaborative information on building companies that are showing signs of insolvency or struggling to pay their creditors. The signs are always there, we just need to get the message to each other before it happens.
We provide subbies with up to date news on builders in Administration or Liquidation and the best strategies to get a return.
There are some extremely litigious builders out there who would rather sue you than pay you. Often they sue you so they don’t have to pay you. We will expose them.
The construction industry is renowned for building companies setting up illegal Phoenix operations, shifting assets, then liquidating sending subbies broke. We work with other subcontractor & supplier organisations & Governments to stop what amounts to legalised theft on a massive scale though pre packaged liquidations. Insolvency is used as a means to defraud Subbies.
Our aim is to limit the financial damage before it happens with our “members only forum”, an early warning system for the benefit of all our members.

Privium Vote to Remove Administrator Deadlocked

This is what we are working towards in the Construction Industry

To Privim Pty Ltd Creditors

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