Posts Tagged ‘corporations Act 588FF’

SVPartners Good or Evil?

Friday I took a call about whether I had received a letter from SVPartners asking for the money back from what I received from Coral Coast Homes etc, after being in a bit of shock momentarily, I said what! I was told that Kevin Bragg the brick layer had been sent a letter asking for the money back, how can this be? After receiving a few emails from Rob messenger’s press release, I read it quickly, I cannot believe SVPartners are trying to use this corporations Act 588FF to say that preferential payment was made, Kevin has provided goods and services, and like any other tradesman wants to be paid!, this law does not apply, how was he to know whether John Biles was solvent or not, even the BSA could not tell, the BSA even with there so called Audits said that Coral Coast Homes was Solvent, so how is a Tradie to know? This is just Rubbish! As for me this has implications as I received money in this time period also, for goods and services? Does that mean they will come after me too? I can tell you I will be fighting all the way if they try this, I talked to Kevin yesterday about the situation and told him he has my full support on this issue, and we will do what’s necessary to change this outcome!

Posted on October 4th, 2009 by admin  |  No Comments »