Court documents show N.L. construction company making progress on debt repayment and restructuring | SaltWire

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Looking to get into the asphalt business? Edward Collins Contracting, downsizing as part of its financial restructuring to pay creditors, is liquidating construction equipment and an asphalt plant. By BarbDeanSimmons SaltWire

The Edward Collins Contracting commercial property on Charter Avenue in Placentia is also up for sale as the company continues to work on a restructuring plan. - Google Street ViewPLACENTIA, N.L. — With a deadline of Dec.

Justice Alexander MacDonald decided the company was acting in good faith and should have more time to restructure. The proceeds of a life insurance policy, worth $515,510, have also been collected on behalf of the company. An asphalt plant, purchased by the company in 2019 for approximately $1.3 million, is also up for sale.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines