General
Pindan collapse leaves creditors owed millions amid concerns laws to protect subcontractors inadequate
“The work’s been done, I’ve paid my lads, I’ve paid for the material … all we want is to be paid,” says plumber Warren Schmidt.
Key points:
- Pindan collapsed owing hundreds of creditors up to $80 million
- Administrators say it’s likely many will be left out of pocket
- Laws safeguarding…
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