Peter Williams | The West Australian
Creditors of Brierty have voted to liquidate the collapsed contracting company, allowing insolvency specialists to further probe alleged insolvent trading and payments to directors and executives.
Brierty was put into administration last September with debts of about $60 million after failing to recover from a financially disastrous road project.
A report to creditors last week suggested the company became insolvent some time between May and July 2017, a claim disputed by directors. The report by administrators from KPMG added that bonuses of more than $200,000 paid to top executive…
Read the full article at: https://thewest.com.au/business/contracting/brierty-creditors-vote-for-liquidation-ng-b88736938z
