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CREDITORS of the failed Kirway Constructions and its Warrnambool franchise of Cavalier Homes will meet liquidators on Friday to discuss how they might recover losses.
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Dozens of creditors are listed, including tradies and suppliers from south-west Victoria.

It will take several weeks before liquidators Pitcher Partners has a clearer picture of the value of assets, including plant and equipment.

The Gippsland-based Kirway Constructions went into voluntary receivership last week, leaving about 17 unfinished Cavalier Homes projects in the Warrnambool district.

Liquidator Gess Rambaldi told The Standard yesterday there had been several expressions of interest from entities to take over the Warrnambool district houses. “We are working with the franchisor to find a third party to complete the projects,” he said.

“At Friday’s meeting creditors will be briefed on the position of the company.

“We are continuing to identify, protect and secure assets to get the best value.”

Mr Rambaldi said tradies or companies who had not received information from Pitcher Partners about Friday’s meeting could register their interest by contacting the Melbourne branch on 8610 5000.

Meanwhile, a Port Fairy-based airconditioning company has copped some unfortunate negative vibes from the collapse.

Rod Royals, who operates Cavelair Airconditioning Services, said yesterday customers had telephoned him during the weekend concerned that he too may have gone under.

“We are in no way connected with the Cavalier housing company or Kirway,” he said.

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