GgoogleAU first seen 15 d ago, last 1 d ago, peak #1

Bathla founder laments administration as lenders assess damage

Original: the bathla group

Australian construction and property group Bathla has entered administration, with its founder publicly expressing regret over the collapse while lenders move in to assess the company's financial position. The Courier Mail reports the founder's comments as creditors begin examining what can be recovered, adding to a string of builder insolvencies in Australia.

Why now: The collapse of a prominent property group and its founder's reaction have drawn fresh attention amid ongoing concerns about insolvencies in Australia's construction sector.

Bathla GroupThe Courier MailAustralia

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Evidence

• Residents bought into communities but may end up living in 'wastelands' · ABC News & Headlines – Australian Broadcasting Corporation
• Bathla founder laments admin as lenders pore over wreckage · The Courier Mail

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