It is important that you obtain advice specific to your personal circumstances, and the status of your build or any other involvement with Grandeur Homes, including if you were a subcontractor, supplier or otherwise. PCL can provide you with both general guidance and information surrounding the recent collapse of Grandeur Homes, but more importantly, we can answer specific questions about what to do moving forward if you are a homeowner or supplier affected. We can provide guidance for landowners who have commenced or recently finalised construction with Grandeur Homes on:
Next steps you should take
How/if to respond to communication from the Administrator
What information you may need to seek from the Administrator
Whether the Administrator may have a claim against you for building works completed but not yet paid for
Whether the Administrator may have a claim against you for building works completed but not yet paid for
Any claim(s) you may have against Grandeur Homes including proof of debt
Domestic Building Insurance (VMIA or Asset Insure) claims including for unfinished works, defects and other losses you may sustain
Finding and appointing a new builder, including if the Administrator or the Insurer will appoint one for you
It is important to get clarity on what happens when a builder becomes insolvent.
As a landowner, the most important first step to take in this process is to understand your rights and obligations in how to move forward diligently. This helps to minimise, as best possible, any loss and damage and to ensure you do not get taken advantage of by the relevant insurers, administrators/liquidators, builders or disgruntled subcontractors.
It is also important that you take steps to protect your property and assets and maintain communication with any relevant third parties such as insurance, lenders, or brokers. We recommend not making any immediate or urgent decisions until you have obtained legal advice specific to your circumstances. Specific legal advice mean you can make an informed decision, as there is often conflicting advice and opinions online, which may not be suitable to your circumstances or may also be incorrect.
Our building and construction team provide extensive advice and quality legal representation to individuals, developers, contractors and builders in the building industry across Victoria and New South Wales.
Our team are dedicated building and construction lawyers and have deep knowledge and understanding across the building and construction sector and insolvency matters within the industry.
We can assist with advice from contract advice and preparation through to handling complex litigation and disputes.
We are skilled in handling matters and have many years of experience of practice in this area of law.
Emma Restall
Partner
Building & Construction
Nelson Ares-Alvarez
Partner
Building & Construction
Our team have extensive experience in building and construction and property matters.
Find out more about our expertise here.
Currently Grandeur Homes is not in liquidation but it is in Administration. According to recent reports the insolvency firm Cor Cordis has been appointed. For more information on the insolvency process contact our team.