Firm cautious about class action
COFFS Harbour building sub-contractors affected by Perle’s collapse believe a lawsuit is the only way they’ll recover their money.
Local creditor Warren Nix said the proxy vote to liquidate the company will be handed down to a meeting of statewide creditors in Sydney today.
Law firm Slater & Gordon has confirmed it has been approached by sub-contractors trying to recover a reported $1.6 million in lost payments.
Slater & Gordon practice group leader, Coffs Harbour, Vincent Butcher, said there was a lot of information to gather and assess before the best way forward was known.
“We will be speaking with the sub-contractors and examining contracts and other documents to determine the best way to deal with this major problem,” Mr Butcher said.
“No decision has been made on whether any litigation, including a class action, is appropriate and we are not at this stage recommending this or any other approach.”