{"id":170680,"date":"2026-03-03T04:19:02","date_gmt":"2026-03-02T21:19:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-liquidation-subcontractors-chase-unpaid-retentions-and-bills\/"},"modified":"2026-03-03T04:45:24","modified_gmt":"2026-03-02T21:45:24","slug":"teak-construction-liquidation-subcontractors-chase-unpaid-retentions-and-bills","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-liquidation-subcontractors-chase-unpaid-retentions-and-bills\/","title":{"rendered":"Teak Construction liquidation: Subcontractors chase unpaid retentions and bills"},"content":{"rendered":"


\nA subcontractor claims Teak stretched ’30 days’ to 30 working days for payments.
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Teak Construction liquidation: Subcontractors chase unpaid retentions and bills<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A subcontractor claims Teak stretched ’30 days’ to 30 working days for payments. Source...<\/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-170680","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-IoU","jetpack-related-posts":[{"id":170668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-builder-teak-construction-goes-into-liquidation-after-34-years-in-business\/","url_meta":{"origin":170680,"position":0},"title":"Auckland builder Teak Construction goes into liquidation after 34 years in business","date":"March 2, 2026","format":false,"excerpt":"\r A high-profile Teak job was the $72m repair of the central Auckland Victopia apartments.\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland builder Teak Construction goes into liquidation after 34 years in business","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-liquidation-directors-tout-10m-in-claims-as-creditors-push-to-oust-liquidators\/","url_meta":{"origin":170680,"position":1},"title":"Teak Construction liquidation: Directors tout $10m in claims as creditors push to oust liquidators","date":"March 10, 2026","format":false,"excerpt":"\r The directors also defended appointing PKF, raising questions about a move to get BDO in.\r \r Source : nzherald.co.nz\/Property\r Read more...Teak Construction liquidation: Directors tout m in claims as creditors push to oust liquidators","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-liquidators-issue-list-of-creditors-claiming-7-9m-max-keys-company-owed-money\/","url_meta":{"origin":170680,"position":2},"title":"Teak Construction liquidators issue list of creditors claiming $7.9m, Max Key\u2019s company owed money","date":"March 9, 2026","format":false,"excerpt":"\r Subcontractors complained they were owed large amounts over extensive periods of time.\r \r Source : nzherald.co.nz\/Property\r Read more...Teak Construction liquidators issue list of creditors claiming .9m, Max Key\u2019s company owed money","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":170680,"position":3},"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":167487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-v-quattro-apartment-owners-over-leaky-building-repair-bill\/","url_meta":{"origin":170680,"position":4},"title":"Teak Construction v Quattro apartment owners over leaky building repair bill","date":"December 16, 2025","format":false,"excerpt":"\r The body corporate claims Teak owes money for delays and defective work.\r \r Source : nzherald.co.nz\/Property\r Read more...Teak Construction v Quattro apartment owners over leaky building repair bill","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/teak-construction-collapse-who-holds-security-over-the-failed-builder\/","url_meta":{"origin":170680,"position":5},"title":"Teak Construction collapse: Who holds security over the failed builder?","date":"March 4, 2026","format":false,"excerpt":"\r Businesses on the Personal Property Securities Register could be first in line for money.\r \r Source : nzherald.co.nz\/Property\r Read more...Teak Construction collapse: Who holds security over the failed builder?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170680"}],"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=170680"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170680\/revisions"}],"predecessor-version":[{"id":170681,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170680\/revisions\/170681"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}