{"id":101988,"date":"2018-12-04T11:30:53","date_gmt":"2018-12-04T04:30:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=101988"},"modified":"2018-12-04T11:04:04","modified_gmt":"2018-12-04T04:04:04","slug":"construction-sector-house-of-cards-corbel-construction-failure-tip-of-iceberg-lawyer-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-sector-house-of-cards-corbel-construction-failure-tip-of-iceberg-lawyer-says\/","title":{"rendered":"Construction sector 'house of cards': Corbel Construction failure tip of iceberg, lawyer says"},"content":{"rendered":"


\nThe failure of large Christchurch-based builder Corbel Construction over a leaky Auckland apartment repair highlights wider sector issues and more builders could well fail, a lawyer predicts.Jeff Walters of Auckland’s K3 Legal said…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Construction sector ‘house of cards’: Corbel Construction failure tip of iceberg, lawyer says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The failure of large Christchurch-based builder Corbel Construction over a leaky Auckland apartment repair highlights...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101988","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qwY","jetpack-related-posts":[{"id":102028,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parnell-terrace-owners-were-the-29-million-victims-not-corbel\/","url_meta":{"origin":101988,"position":0},"title":"Parnell Terrace owners: 'We're the $29 million victims, not Corbel'","date":"December 5, 2018","format":false,"excerpt":"\r Owners of leaky Auckland apartments costing $29m to fix say they are the true victims of a builders' failure after the company blamed the job for its woes.The liquidator of Christchurch-headquartered failed builder Corbel Construction...\r \r Source : nzherald.co.nz\/Property\r Read more...Parnell Terrace owners: 'We're the million victims, not Corbel'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/corbel-creditors-owed-more-than-5m-liquidators-report\/","url_meta":{"origin":101988,"position":1},"title":"Corbel creditors owed more than $5m – liquidator's report","date":"December 10, 2018","format":false,"excerpt":"\r Collapsed construction firm Corbel owes creditors more than $5 million, according to the liquidator's first report. Unsecured creditors are claiming $4.6 million from Corbel Construction, while secured creditors BNZ is owed $266,000...\r \r Source : nzherald.co.nz\/Property\r Read more...Corbel creditors owed more than m - liquidator's report","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-builder-corbel-construction-in-trouble-staff-say\/","url_meta":{"origin":101988,"position":2},"title":"Big builder Corbel Construction in trouble, staff say","date":"December 4, 2018","format":false,"excerpt":"\r Staff at a big Christchurch-based builder, which had $35 million of projects underway last year in Auckland, say the firm is in liquidation, but the Companies Office is yet to record any change in status.Corbel Construction is a...\r \r Source : nzherald.co.nz\/Property\r Read more...Big builder Corbel Construction in trouble,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-system-is-broken-whats-wrong-with-building-sector\/","url_meta":{"origin":101988,"position":3},"title":"'The system is broken': What's wrong with building sector?","date":"August 6, 2018","format":false,"excerpt":"\r New Zealand's construction sector is broken, with decades of financial failure and endangered by fixed-price tendering, a boss says.Graham Burke, president of the NZ Specialist Trade Contractors Federation which represents thousands...\r \r Source : nzherald.co.nz\/Property\r Read more...'The system is broken': What's wrong with building sector?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lara-bennett-retentions-rules-come-at-a-price\/","url_meta":{"origin":101988,"position":4},"title":"Lara Bennett: Retentions rules come at a price","date":"July 14, 2016","format":false,"excerpt":"\r Lara Bennett is an executive director in the PwC restructuring team and has worked in the construction sector. The failure of Mainzeal Property and Construction in February 2013 resulted in unsecured creditor claims of more than...\r \r Source : nzherald.co.nz\/Property\r Read more...Lara Bennett: Retentions rules come at a price","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lawsuits-brewing-for-contractors-as-covid-19-legal-relief-ends\/","url_meta":{"origin":101988,"position":5},"title":"Lawsuits brewing for contractors as COVID-19 legal relief ends","date":"September 27, 2021","format":false,"excerpt":"\r On 30 September 2021, the relief period under the Covid-19 (Temporary Measures) Act will end, which may lead to many SMEs facing financial distress and affecting the sector at large. Contractors in Singapore may face contractual disputes next month as the temporary relief provided under the Covid-19 (Temporary Measures)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/construction-building.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101988"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101988"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101988\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}