A year-long court stoush over a $1.3 million bill has come to a dramatic end, with contractor Decmil succeeding in its bid to wind up Avid Australia Holdings.
When administrators from Deloitte walked into the West Perth offices of WBHO Infrastructure in February, they knew speed would be critical to rescuing the business.
Decmil has won its court stoush with Avid Australia over $1.3 million in unpaid bills Avid Resources contested before its collapse, ending a six-month long legal battle.
Avid businesses may have been insolvent as early as November 2019, administrators believe, with underquoted tenders and a Decmil dispute contributing to the demise.
Osborne Park-based Decmil Group is chasing Avid Australia for more than $1.3 million it claims it's owed for works at Rio Tinto's Mesa mines, just one week after Avid's subsidiary went bust.
AvidSys Group's engineering subsidiary, which comprises three businesses formerly part of RCR Tomlinson, has laid off more than 100 employees after falling into administration.
The sale of RCR Tomlinson's Western Australian operations is complete, with RCR Resources, RCR Power and RCR Water West sold to AvidSys Group for an undisclosed sum.
