Company hired and fired for ill-fated high school demolition faces bankruptcy.
The trustee for the company hired, then fired, in the demolition of Queen Elizabeth High School in Halifax has applied to put the firm into bankruptcy.
Demolition Resources Ltd. was placed into receivership in June, just days after the provincial government pulled away its $2.2-million contract to demolish the historic school on Robie Street.
Now, trustee Green Hunt Wedlake Inc. has petitioned for bankruptcy and called a meeting of the Amherst company’s creditors on Feb. 29 in Halifax.
Trustee Peter Wedlake did not return calls from The Chronicle Herald on Thursday.
But Demolition Resources owner John Morrissey said in an interview that he is still weighing whether to proceed with a $4.2-million lawsuit already filed against the Nova Scotia government.
“The actions of the province were unnecessary and unfounded and more or less shut the company down,” he said.
Demolition Resources employed about 50 and, according to Morrissey, was coming off several strong years when it won the Queen Elizabeth contract, which was slated to be done by spring 2011.
But Morrissey said the provincial government delayed the project for months. That, along with other forms of mismanagement, pushed the work badly behind schedule, he said.
Read more here.
