Yet another building company has gone into liquidation. Clan Construction Ltd shares a director with Clan Construction Commercial which was owned by Laurie Mains and went into liquidation in 2017.

The owners of eight new-builds are in limbo.

This building industry boom & bust is not sustainable. If there's any sector crying out for regulation and compulsory completion insurance it's this one.

https://www.odt.co.nz/business/building-firm%E2%80%99s-2m-collapse

#NZ #Building #Liquidation #ClanConstruction