The controversial director of a struggling national construction group has placed two key companies in administration, averting wind-up action which loomed in court for both.
Kathleen Skene Follow less than 2 min read April 22, 2024 - 6:00AM
Gold Coast Bulletin
The controversial director of a struggling national construction group has placed two key companies in administration, averting wind-up action which loomed in court for both.
Descon Qld – which is behind the stalled Waverley residences tower in Southport, and Adcon Admin – both went into administration on April 17.
Both companies are directed by banned builder Danny Isaac, who is defending bankruptcy action brought to court by rival developer Anthony Quinn.
and has been living in Dubai and Saudi Arabia since October.
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