Two creditors caught up in the BA Murphy Constructions liquidation after its $19m collapse have revealed the effects on their businesses and lives. SEE THE FULL CREDITORS LIST
Letea Cavander Follow 3 min read May 19, 2023 - 3:35PM
A commercial carpenter who lost more than $93,000 when a major builder went bust has revealed the effects on his business, while another creditor claims the liquidation affected “every part” of his life.
Sunshine Coast-based BA Murphy Constructions Pty Ltd folded in December 2021, when FTI Consulting’s John Park and Ben Campbell were appointed as liquidators.
The initial scale of the collapse of the major building firm and its NSW and Victorian arms – sparked by the effects of Covid on the construction industry – was listed as about $11m, but later revised to north of $19m as liquidators’ investigations progressed.
A report to creditors showed commercial carpenter Dale Emery lost more than $93,000 when the builder went bust.
The owner of Dale Emery Carpentry Services, better known as DECS, said a “hellish” 18 months of cash flow for the business followed.
Leave a Reply
You must be logged in to post a comment.