Tuesday, 25 May 2010

Wetherill Park. Beechwood sues auditor

Liquidator, Armstrong Wily, of failed builder, Beechwood Homes, formerly of Wetherill Park, has commenced action in the NSW Supreme Court, against Beechwood’s auditors, RSM Bird Cameron. A statement of claim alleges RSM Bird Cameron was negligent and engaged in misleading and deceptive conduct in keeping Beechwood’s financial records. The project-home building company collapsed in May 2008 owing an estimated $70 million, with 300 homes under construction.