Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Millions to Be Paid Back; Company Owes M'boro Business $426,607

Newspaper article Fraser Coast Chronicle (Hervey Bay, Australia)

Millions to Be Paid Back; Company Owes M'boro Business $426,607

Article excerpt

Byline: John Weekes John.Weekes@nrm.com.au

A HODGEPODGE of creditors were at odds over how to claw back money after a construction firm went belly up, court documents show.

People and companies owed millions after Bloomer Constructions collapsed voted against liquidation and in favour of a different arrangement.

Companies from across Queensland, including on the Fraser Coast were among those claiming money owed, papers filed in Brisbane Supreme Court show.

More than 600 creditors were identified in an affidavit from administrator Sule Arnautovic earlier this year.

These included "subcontractors, trade suppliers, employees, larger developers" as well as "mums and dads" home owners, National Australia Bank, insurance companies, statutory authorities and others. Other creditors include a Maryborough timber supplier stung for $426,607, a Gladstone landscaper owed $27,000 and firms across the state including in Emerald, Warwick, Goondiwindi, the Sunshine Coast and Rockhampton. …

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