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Families in limbo as Bob Day launches last-ditch bid to keep company afloat – The Sydney Morning Herald

Family First senator Bob Day has launched a last-ditch bid to keep his NSW building company afloat, denying certainty to dozens of desperate families as his national empire continues to crumbles.

Fairfax Media can reveal that Senator Day’s Huxley Homes has applied to have its licence renewed – even though the company last week ceased all work on the homes of its 61 clients because it has no cash.

Senator Bob Day's business empire is falling apart.
Senator Bob Day’s business empire is falling apart. 

Huxley is also about to be evicted from its Sydney offices after falling months behind on rent, as staff members continue to quit and the senator refuses to answer questions about the company’s solvency.

Senator Day has also disappeared from Parliament, turning up for just three of …

Read the full article at: http://www.smh.com.au/federal-politics/political-news/families-in-limbo-as-bob-day-launches-lastditch-bid-to-keep-company-afloat-20161015-gs33v5

Category: BankruptcyBy Insolvency GuardianOctober 15, 2016

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Families in limbo as Bob Day launches last-ditch bid to keep company afloat – The Sydney Morning Herald

Family First senator Bob Day has launched a last-ditch bid to keep his NSW building company afloat, denying certainty to dozens of desperate families as his national empire continues to crumbles.

Fairfax Media can reveal that Senator Day’s Huxley Homes has applied to have its licence renewed – even though the company last week ceased all work on the homes of its 61 clients because it has no cash.

Senator Bob Day's business empire is falling apart.
Senator Bob Day’s business empire is falling apart. 

Huxley is also about to be evicted from its Sydney offices after falling months behind on rent, as staff members continue to quit and the senator refuses to answer questions about the company’s solvency.

Senator Day has also disappeared from Parliament, turning up for just three of …

Read the full article at: http://www.smh.com.au/federal-politics/political-news/families-in-limbo-as-bob-day-launches-lastditch-bid-to-keep-company-afloat-20161015-gs33v5.html

Category: BankruptcyBy Insolvency GuardianOctober 15, 2016

Post navigation

PreviousPrevious post:Pak-UK businessman declared bankrupt by London court over loan fraud – The News InternationalNextNext post:Varun Gandhi offers help to debt-hit Uttar Pradesh farmers – Deccan Chronicle

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May 17, 2025
NCLT admits IREDA’s plea against Gensol; IREDA files another insolvency plea
May 17, 2025
NCLT to hear Gensol insolvency plea | Business News
May 17, 2025
Former owner of ‘utterly disgusting’ boarding house made bankrupt – Stuff
May 17, 2025
‘Will not be able to operate beyond FY26’: Vodafone Idea’s insolvency warning without government support on AGR dues
May 17, 2025
Ireda files 2nd insolvency plea against Gensol Engineering for ₹219 cr default
May 17, 2025
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