December 5, 2018 By subbiesu Leave a Comment

RCR Tomlinson Pays McGrathNicol $420,000 in Pre Appointment Fees

Fighting for Subbies Rights

Its no wonder we bust our guts to change liquidators, they really are the bottom feeders of the construction industry.

You just have to love the way pre insolvency practitioners behave and the massive money they make when you consider they are just glorified accountants.

Its just so easy for them to splash around other peoples money.

From Insolvency News Online...

"With McGrathNicol this week affirming its hold on the RCR Tomlinson administration without a whimper of inquiry about $420,000 in pre-appointment fees, it starting to sound like ‘All I want for Christmas is a pre-appointment gig that morphs into a V-bloody-A!’"

Read the Insolvency News Online article here.

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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.

RCR Tomlinson Pays McGrathNicol $420,000 in Pre Appointment Fees

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