Craig Walton, a key figure in one of the most controversial corporate restructures of recent times, has declared bankruptcy a week before the commencement of a trial brought by liquidators chasing the 63 year old for a $1.65 million debt.
A search of the National Personal Insolvency Index reveals Craig Hall Walton, unemployed of East Melbourne, declared himself bankrupt via a debtor’s petition on November 18, 2019.
Walton was due to appear as a defendant in a four day trial commencing on Monday brought by Grant Thornton partners Mike McCann, Graham Killer and Andrew Hewitt, joint general purpose liquidators (GPLs) of Walton Construction Pty Ltd.
A major builder, Walton Construction was…