Mainzeal liquidator receives $151.3 mln in unsecured creditor claims

Wed, 24 Sep 2014

By Paul McBeth Sept. 24 (BusinessDesk) - The liquidator for the failed Mainzeal group of companies has received $151.3 million in claims from unsecured creditors, and is working its way through the applications as it looks at ways to claw back funds for those people left out of pocket. BDO's Brian Mayo-Smith, Andrew Bethell and Stephen Tubbs are sifting through the unsecured creditor claims and considering how best to recover funds, according to their latest report on the failed construction group. All of the $5.3 million owed to employee...

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