NAB Facing Class Action over Walton Collapse

Now-defunct Walton Construction, which entered voluntary administration in 2013 leaving subcontractors and suppliers in tens of millions of dollars debt, is making headlines once again.  More than 1,400 unsecured creditors who lost money in the company’s collapse are attempting to mount a class action against National Australia Bank (NAB) for $74 million. A special purpose liquidator has been appointed to…

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