According to NSW FairTrading...
Quote:
On 13 November 2012, Fair Trading became aware that Holmwood Builders Pty Ltd which trades under the business names ‘ProCorp’, or ‘ProCorp Homes' or ‘ProCorp Builders’ has been placed into Administration....
The Administrator has not yet announced their plans for holding a meeting for creditors. Advice regarding any such meeting will be sent to all creditors by the Administrator.
Fair Trading and the Home Warranty Insurance Fund will work with the Administrator to provide homeowners and consumers with information on the effect of the administration on their home building projects and the protections provided by Home Warranty Insurance.
Before Fair Trading can do that, the Administrator and Insurers will require a few days to come to grips with the financial situation of Holmwood Builders.
All consumers who contact Fair Trading and provide their details will be kept informed of developments, including any meetings to be held.
The Administrator has not yet announced their plans for holding a meeting for creditors. Advice regarding any such meeting will be sent to all creditors by the Administrator.
Fair Trading and the Home Warranty Insurance Fund will work with the Administrator to provide homeowners and consumers with information on the effect of the administration on their home building projects and the protections provided by Home Warranty Insurance.
Before Fair Trading can do that, the Administrator and Insurers will require a few days to come to grips with the financial situation of Holmwood Builders.
All consumers who contact Fair Trading and provide their details will be kept informed of developments, including any meetings to be held.