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Tag search results for: "paul meek construction"
Hosea Olcus

Betrayal the Other-side of Shared Wall: A Builders Disastrous Effect on Our Peaceful Refuge

In the heart of Alexandria Melbourne, Australia we had renovated our beautiful home of some greater than 20 years, a walled special architecturally designed house and garden in the centre of the storm of the city. For 30 years, it was a gorgeous refuge of solacement, a haven of shimmering beauty and safety.

As an honoured architect designer, my friend had donated to our city with many city improvement creative proposals, but of these none were more beloved that the progressive design of the Lawrence Street, Alexandria, Victorian. Featured in the Sydney Morning Herald, it was hailed as a masterpiece, blending old-world magic with modern elegance.

The Victorian conversion was a creed to architectural creativity—a three-story build and conversion to a Victorian style semi-attached, offering a home for a small family and a home-office or studio. The highlight was the light tower, far above the roof with floating stairway, capturing the essence of the south east and northwestern sky. French style sash windows dressed the main bedroom, while timber casement windows decorate in the bathroom frame the views and filter the light.

However, our beautiful lifestyle was shattered when our neighbour, a builder, moved in next door. Initially welcomed, his illegal actions soon turned our lives upside down threatening the safety of everyone in the area. Without warning, he began demolishing a major supporting wall on our property, the main load-bearing wall of our master bedroom. At one point he had setup a hose from his roof diverted water into our office, causing several thousand dollars damage to our property and undermining its structural integrity.

Additionally to outline the lack of construction experience, we discovered that the intermediate wall lacked the required fire rating, a major oversight that endangered our well-being. In spite of our urgent efforts to rectify the problem with the builder and contacting the council, we were informed the builder's inspector had already signed off on the project, ignoring our concerns and leaving us vulnerable to harm.

Despite getting a judgement in their favour and compensation for restitution, the emotional toll was immeasurable and created many unpleasant memories. They decided to sell their beautiful home, we mourned the loss of our award winning sanctuary, another victim of proper government oversight and dodgy building practices. The lack of proper oversight and governance by government and local council created the environment for this tragedy to unfold, highlighting the demand for more extensive accountability and protection for owners.

As we wrestle with the consequence of this ordeal, we are left to consider: What help do house owners have when their greatest financial investment are made vulnerable by the neglect of dodgy construction companies?

How to Begin - Vote the Best and Worst Construction Companies in Commonwealth of Australia..?

The Insolvent, Defendant, and the Collapse of Building CompanyToplace's Billion-Dollar Empire

from Sept 2023

A Insolvent building adviser played a crucial part in securing his insolvent corporation a highly lucrative job — supervising the collapse of Fugitive Jean Nassif's corporate empire, which went under debts in excess of $1.24 billion, inclusive $88.5 million due to suppliers and onsite builders.

Fresh revelations about the ruin of Nassif's Toplace group have surfaced in documents presented to the Federal Court this week by administrators from dVT Group. These documents reveal that secured creditors, such as banks with mortgages on Toplace properties and offshore lenders in tax havens like the British Virgin Islands, are owed $1 billion.

More Relevant Subject Matter:

Riad Tayeh, and Toplace's Skyview construction in Castle Hill.

Creditors without Security, have issued financial claims totalling an est. $244 million.

Court filed claims also show that Riad Tayeh, company founder of dVT Group of companies, played a fundamental responsibility in securing his firm's appointment as bankruptcy managers. Even though being declared insolvent in July 2022 with $5.4 million in debt, Tayeh, now a business advisor, and colleague Antony Resnick attended essential meetings with Toplace executives in the days before the companies appointment as bankruptcy administrators.

Among those involved at the meetings on July 2019 was Jean Nassif's 29-year-old daughter, Ashlyn, whose legal practicing certificate has been suspended while she fights charges related to a $150 million fraud tied to Toplace's Skyview construction development in Castle Hill.

Riad Tayeh was charged bankrupt in May last year.

Just days before these meetings, a warrant was issued for the arrest of Jean Nassif, 55, who fled Sydney for Dubai in December 2022. Jean and Ashlyn Nassif are accused of falsifying contracts to secure a $150 million loan from Westpac.

In July, Resnick and fellow dVT partner Suelen McCallum were nominated voluntary bankruptcy managers for Toplace, following a resolution passed by Jean Nassif, Toplace's sole director, via email just hours prior. The bankruptcy administrators now face the task of handling one of New South Wales' biggest corporate bankruptcy's.

Resnick filed an affidavit in the Federal Court indicating that while Toplace's assets are valued at approximately $1.47 billion, its debts are nearly the same amount. Administrators are also investigating more than 3,000 residential apartments still under development.

Further complicating the administrators' task is the web of intercompany loans among Nassif's entities, which amount to $319 million. adding that Toplace's financial books had not been properly updated since 2021.

Resolution Reached for Mascot Towers, Owners to Finally Escape Longstanding Struggles...

After five years of enduring legal battles and financial burdens, relief may be in sight for the long-suffering apartment owners of Mascot Towers in Sydney. A landmark deal brokered by the New South Wales government offers a pathway for owners to sell their properties individually, potentially freeing them from debt and uncertainty.  The majority of owners have opted to accept the government's proposal, which involves selling to a third-party commercial consortium rather than pursuing a collective sale.

As part of the agreement, owners will receive a portion of the $30 million building price, along with means-tested support from the state government. Additionally, banks have agreed to reduce loan balances by up to 40% for owner-occupiers, enabling them to move out without financial encumbrances.

However, this debt-relief option is exclusively available to those who resided in the property prior to its evacuation in 2019 due to structural defects. Eligible owner-occupiers, along with select investors, may qualify for government assistance of up to $120,000, depending on their income and assets.  While the deal offers a fresh start for many, it comes with the realization that property values have significantly depreciated since the original purchase. Despite this drawback, the Minister for Fair Trading, Anoulack Chanthivong, views the agreement as a crucial step towards closure for affected owners, describing it as the end of a "dark chapter" in the state's building history.

The next phase involves determining the extent of government support for owners and ensuring that lenders fulfill their commitments. The journey towards resolution began in 2019 when residents were evacuated due to structural concerns, prompting a prolonged battle for justice and financial relief.  Throughout this ordeal, owners faced the burden of ongoing levies, mortgages, and remediation costs, exacerbating their plight. The evacuation prompted a grassroots campaign urging regulatory reforms and developer accountability, culminating in the current agreement.

To date, the NSW government has allocated $21 million in support to affected owners, underscoring its commitment to addressing the repercussions of defective building practices. As the community looks ahead to a new chapter, the resolution of Mascot Towers stands as a testament to perseverance and collective action in the face of adversity.

this website

Emely Laurenti

When to Start - Voting the Best and Worst Building Companie in Australia..?

The Bankrupt, Fugitive, and the end of CompanyBillion Dollar Regime Toplace

from Aug 2023

A Suspect building adviser played a pivotal function in securing — managing the collapse of Accused Jean Nassif's corporate empire, which drowned under debts exceeding $1.24 billion, including $88.5 million payable to suppliers and sub-contractors.

Fresh disclosures about the ruin of Nassif's Toplace group of compaines have appeared in documented evidence shown to the Australian Commonwealth Federal Court this week by bankruptcy administrators from dVT Group. These documents reveal that secured creditors such as banks with mortgages, are owed one thousand million.

More Applicatory Information:

Riad Tayeh, Jean Nassif, and Toplace's Skyview development in Castle Hill.

Creditors without Security, have made claims with a total est. $244 million.

Court claims also tell that Riad Tayeh, founder of dVT Group, which was involved in a key role in guaranteeing his businesses designation as bankruptcy managers. Even though being announced bankrupt in June 2022 with several million in debt, Tayeh, now a business advisor, and partner Antony Resnick attended crucial meetings with Toplace top managers in the weeks leading up to the companies appointment as bankruptcy managers.

As well as those at the meetings on May 2019 was Jean Nassif's 29-year-old daughter, Ashlyn, whose Certificate to practice Law has been suspended while she fights charges related to a $150 million fraud tied to Toplace's Skyview construction development in Castle Hill.

Riad Tayeh was charged financially bankrupt in June 2022.

Just before these meetings, a warrant was issued for the arrest of Jean Nassif, 55, who escaped to Dubai in December 2022. Jean and Ashlyn Nassif are accused of fraud to secure a $150 million loan from Westpac.

In June, Resnick and fellow dVT partner Suelen McCallum were appointed voluntary bankruptcy managers for Toplace. by Jean Nassif, its sole director The bankruptcy administrators now face the task of handling one of NSW's largest corporate bankruptcy's.

Resnick filed an affidavit in the Federal Court indicating that while Toplace's assets are valued at approximately $1.47 billion, its debts are nearly the same amount. Despite this, several owners' corporations have filed claims amounting to nearly $124 million to address serious defects in Toplace's buildings.

Further complicating the administrators' task is the web of intercompany loans among Nassif's entities, which amount to $319 million. adding that Toplace's financial books had not been properly updated since 2021.

In the Central Business District of Alexandria Melbourne, Australia we had renovated our loving sanctuary of some 30 years, a secret award winning house and garden amidst the noise of the city streets. For over 20 years, it was a beautiful sanctuary of solacement, a shelter of beauty and asylum.

As an honoured architect, my friend had donated to our city of Sydney with numerous city improvement creative proposals, but of these none were more personal that the progressive design of the Lawrence Street, Sydney, Australia, Victorian style conversion. Featured in the Sydney Morning Herald, it was applauded as a masterpiece, weaving Victorian magic with modern elegance.

The Victorian transmutation was a testament to architectural inventiveness—a three-story addition and conversion to a Victorian style semi-attached, providing a house for a family and a home-office or studio. The highlight was the light tower, high above the main structure with suspended stairway, acquiring the core of the south east and north west skies. French style sash windows dressed the main bedroom, while timber casement windows decorate in the bathroom welcomed views and filtered light.

However, our idyllic lifestyle was destroyed when our neighbour, a builder, entered the scene next door. Initially welcomed, his illegal actions soon created absolute chaos threatening the safety of everyone in the area. Without due diligence, he began demolishing a major supporting wall on our property, the major load-bearing wall of our bedroom. At one period of time he had constructed pipes from his roof diverted water into our upstairs studio, causing several thousand dollars damage to the upstairs rooms, and undermining the footing of the house.

Further to outline the absolute lack of construction experience, we through investigation found that the intermediate wall did not meet the legal fire rating, a critical oversight that endangered our well-being. Despite our pressing endeavours to rectify the problem with the builder and contacting the council, we were informed the builder's inspector had already signed off on the building renovations, providing no recourse and leaving us open to harm.

In spite of receiving a judgement in their favour and compensation for the damages incurred, the toll was immeasurable and created many unpleasant memories. They decided to sell their cherished home, we mourned the loss of our award winning sanctuary, another casualty of government negligence and dicey construction practices. The lack of proper oversight and governance by local government created the environment for this tragedy to unfold, heightening the demand for more extensive accountability and protection for owners.

As we wrestle with the effects of this trial, we are left to ponder: What recourse do owners have when their sanctuaries are made vulnerable by the carelessness of others? {https://www.facebook.com/groups/1240633520160302, Builder

Xavier Foxx

When to Begin - Vote the Capable and Incompetent Building Companie in Australia..?

The Insolvent, Suspect, and the Collapse of CompanyToplace's Billion-Dollar Empire

from Sept 2023

A Defendant building adviser played a crucial role in his bankrupt corporation a highly lucrative job — managing the disintegration of Suspect Jean Nassif's property empire, which went under debts surpassing $1.24 billion, inclusive $88.5 million payable to suppliers and tradespeople.

Brand New disclosures about the ruin of Nassif's Toplace group of compaines have surfaced in documented evidence given to the Federal Court this recently by administrators from dVT Group of Companies. These documents unveiled that secured creditors, such as banks with mortgages on Toplace properties and offshore lenders in tax havens like the British Virgin Islands, are owed one thousand million.

Additional Applicatory Info:

Riad Tayeh, Jean Nassif, and Toplace's Skyview building development in Castle Hill.

Creditors without Security, have issued financial claims totalling an est. quarter of a billion.

Australian Federal Court claims also indicate that Riad Tayeh, business founder of dVT Group of companies, played a key responsibility in securing his firm's designation as bankruptcy managers. Despite being declared financially bankrupt in July last year with several million in debt, Tayeh, now a business advisor, and business colleague Antony Resnick attended important business meetings with Toplace top managers in the period before the companies appointment as administrators.

Among those at the meetings on Aug 2019 was Jean Nassif's 29-year-old daughter, Ashlyn, whose legal certificate has been suspended while she fights charges related to a $150 million fraud bound to Toplace's Skyview building development in Castle Hill.

Riad Tayeh was legally financially bankrupt in May 2022.

Just days before the meetings, a warrant was issued for the arrest of Jean Nassif, 55, who escaped to Dubai in November 2022. Jean and Ashlyn Nassif are accused of fraud to secure a $150 million loan from Westpac.

In June, Resnick and fellow dVT partner Suelen McCallum were nominated voluntary administrators for Toplace, following a resolution passed by Jean Nassif, Toplace's sole director, via email just hours prior. The bankruptcy administrators now face the task of handling one of Australia's largest corporate bankruptcy's.

Resnick filed an affidavit in the Federal Court indicating that while Toplace's assets are valued at approximately $1.47 billion, its debts are nearly the same amount. Administrators are also investigating more than 3,000 residential apartments still under development.

Further complicating the administrators' task The administrators noted difficulty in unraveling the debt due to "intermingling of financial records," adding that Toplace's financial books had not been properly updated since 2021.

In the CBD of Alexandria Melbourne, Australia we had renovated our beautiful home of 30 years, a secret award winning house and garden in the middle of the chaos of its streets. For over 20 years, it was a beautiful refuge of comfort, a haven of beauty and safety.

As an honoured architect designer, my friend had donated to our community with numerous municipal proposals, but of these none were more personal that the progressive design of the Lawrence Street, Alexandria, Sydney, Victorian style conversion. Featured in the Sydney Morning Herald, it was hailed as a creative masterpiece, weaving Victorian appeal with modern elegance.

The Victorian conversion was a testament to architectural ingenuity—a three-story build and conversion to a late Victorian semi-attached, providing a house for a small family and a studio. The highlight was the light tower, soaring above the main structure with suspended stairs, acquiring the essence of the southeastern and northwestern sky. French sash windows dressed the main bedroom, while timber casement windows embellish in the bathroom welcomed views and filtered light.

However, this pleasant existence was destroyed when our neighbour, a builder, entered the scene next door. Initially welcomed with open arms, his illegal actions soon created absolute chaos threatening the safety of everyone in the area. Without due diligence, he began demolishing our brick supporting wall, the major load-bearing wall of our master bedroom. At one period of time he had setup pipes from his roof diverting water into our office, causing several thousand dollars damage to our property and undermining its structural integrity.

To compound matters, we through investigation found that the intermediate wall did not meet the legal fire rating, a major oversight that endangered everyone's safety. In spite of our urgent efforts to seek resolution the problem with the builder and contacting the council, the council said the builder's inspector had already signed off on the building renovations, providing no recourse and leaving us vulnerable to fire.

Despite getting a legal decision in their favour and compensation for the damages incurred, the emotional toll was abysmal and created many unpleasant memories. They were forced to sell their cherished home, we mourned the loss of our award winning sanctuary, another casualty of government negligence and dangerous construction practices. The lack of proper oversight and appropriate governance by government and local council created the environment for this tragedy to unfold, highlighting the necessity for more responsibilities and protection for homeowners.

As we wrestle with the effects of this ordeal, we are left to consider: What help do homeowners have when their sanctuaries are made vulnerable by the carelessness of others? {https://www.facebook.com/groups/1240633520160302, Construction

Guy Alicandro

How to Begin - Vote the Best and Worst Construction Companies in Commonwealth of Australia..?

The Bankrupt, Fugitive, and the end of Property CorporationToplace's Billion-Dollar Empire

from Aug 2023

A Failed consultant turned our lives upside down threatening the safety of everyone in the area. Without proper notification, he began demolishing a major supporting wall on our property, the main load-bearing wall of our bedroom. At one stage he had setup a hose from his roof diverting water into our upstairs studio, causing several thousand dollars damage to the upstairs rooms, and undermining the footing of the house.

To compound matters, we discovered that the intermediate wall did not meet the legal fire rating, a major oversight that endangered our well-being. Despite our urgent endeavours to seek resolution the problem with the builder and contacting the council, the council said the builder's inspector had already signed off on the construction, providing no recourse and leaving us open to harm.

In spite of receiving a legal judgement in their favour and recompense for the damages incurred, the emotional toll was abysmal and created many unpleasant memories. They decided to sell their beloved home, we mourned the loss of our award winning sanctuary, another victim of proper government oversight and dicey building practices. The lack of proper oversight and appropriate governance by government and local council allowed this tragedy to unfold, heightening the necessity for greater accountability and protection for homeowners.

As we wrestle with the effects of this experience, we are left to consider: What recourse do owners have when their greatest financial investment are threatened by the negligence of dodgy builders? {https://www.facebook.com/groups/1240633520160302,

Adalberto Sobanski

How to Begin - Voting the Competent and Unqualified Builders in Commonwealth of Australia..?

The Bankrupt, Accused, and the end of Property CorporationToplace

from June 2023

A Bankrupt consultant was comprehensively involved with obtaining his insolvent company a very lucrative construction contract threatening the safety of everyone in the area. Without due diligence, he began demolishing a major supporting wall on our property, the major load-bearing wall of our master bedroom. At one point he had setup pipes from his roof diverted water into our office, causing several thousand dollars damage to the upstairs rooms, and undermining the footing of the house.

To compound matters, we through investigation found that the intermediate wall lacked the required fire rating, a critical omission that endangered everyone's well-being. In spite of our pressing endeavours to seek resolution the issue with the builder and contacting the council, we were informed the builder's inspector had already approved on the project, ignoring our concerns and leaving us vulnerable to fire.

In spite of getting a judgement in their favour and compensation for restitution, the toll was abysmal and created many unpleasant memories. They decided to sell their beautiful home, we mourned the loss of our garden refuge, another casualty of government negligence and dicey construction practices. The lack of oversight and appropriate governance by government and local council created the environment for this tragedy to unfold, highlighting the necessity for more extensive responsibilities and protection for owners.

As we wrestle with the effects of this experience, we are left to ponder: What assistance do homeowners have when their greatest financial investment are threatened by the neglect of others? {https://www.facebook.com/groups/1240633520160302, Construction