A well-known Australian contractor is teetering on the brink of liquidation today.
The Deen brothers, Brisbane’s most notorious demolition firm, boast: “All we leave behind are the memories.” But they may become memories themselves after creditors applied to have one of their debt-ridden companies wound up and liquidators appointed.
The Deens have a long history in Brisbane and were responsible for destroying some of the city’s best-known and loved buildings, including the grand Cloudland ballroom in 1982 and the Belle Vue hotel in 1979.
However, the Australian Business newspaper reports that creditors Timms Contracting Pty Ltd have applied to the Queensland Supreme Court to have Deen Bros Contracting Pty Ltd wound up.
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