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

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

 

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