Court grants embattled developer 12-month extension
The extension will allow administrators to finalise construction projects already underway, but is subject to securing additional funding.
AAP ·
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The Latest Breaking News from Stephen Longley
More than 200 people stood down at embattled housing developer Bathla amid $3.4bn debt
Sydney-headquartered group suspends work on some of its 45 construction sites affecting 60% of workforce
The Guardian - AU ·
Embattled Sydney property developer Bathla warns it could fold by the end of the week
Administrators will be forced to close the business if it fails to secure additional funding, revealing hundreds of staff have not been paid for weeks
The Guardian - AU ·
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