As administrators seek a financial lifeline for collapsed construction firm Bathla, a specialist debt recovery firm is vying to represent scores of Sydney businesses as unsecured creditors.
A week after Bathla and a suite of related companies entered voluntary administration, leaving the fate of thousands of half-built homes in the balance, Corporate Recovery Partners is urging potential creditors to step forward.
The firm is calling on tradies, subcontractors, and suppliers, along with homeowners and investors, to express their interest in a tentative committee of inspection through the administration process.
Corporate Recovery Partners has circulated that expression of interest among some 12,000 parties potentially…