Major Queensland company owes more than $11m to creditors
A major Queensland construction company owned by Melbourne Cup winner Paul Lanskey owes more than $11m to creditors, including the Australian Taxation Office, along with hundreds of contractors and subbies, financial documents reveal.
News.com.au reports Lanskey Constructions QLD Pty Ltd collapsed in October, with liquidators appointed to wind up the company.
Founded in the mid-1980s, it is owned by Ross Williams and Mr Lanskey, who is also part-owner of this year’s Melbourne Cup winner, Vow and Declare.
The website says while Lanskey Constructions has offices all over the country, only the Queensland business is subject to liquidation.
Ben Campbell and John Park, of FTI Consulting, have been appointed liquidators.
Read the full report here.
Photo: Emma Houghton/Unsplash
