Comments on (03) 5931 3166

Search Results for (03) 5931 3166

Names found on this computer

Natcon Developments Pty Ltd

Address

194 Myers Rd, Balnarring Vic 3926, Australia

History

1 older records found on this number.

Phone Type

Local Service

Latest Holder

Telstra Corporation Limited

Numbering Area

Red Hill

Last Found

June 2009

Other Formats

0359313166
/5931-3166
/59313166
/(03) 5931 3166
/+61359313166

Comments on (03) 5931 3166


Plumber

Posted on November 6, 2014
Caller type: Debt Collector
Location: Australia
As stated previously, I am not Danny.
The only affiliation I have with him is that I did a couple of jobs for him.
I got burnt - the customers got burnt and many other contractors got burnt.

I have had very little to do with Wayne except deal with him on the jobs.
He did give me approval for extras and I undertook those extras.
If he has authorisation to approve extras, he must have some authority over the running of the business.

On a lighter note, at least Danny has seen this and included his rant.
It may warn people away from him in the future.
It won't help us creditors, bur at least it will save others from being in our situation.

Who knows, the VBA might even listen now.

I have sent transcripts from this site to the media and hopefully they will follow the case up.
It could make for some good viewing.
I'm sure that the property owners would be willing to publicise their dealings with Natcon ( in all forms of their name )

Hopefully Danny will lose his builders licence from this.

As for Wayne - the jury is still out as far as I am concerned.
I still believe he has some involvement - from factual evidence and gut feeling.

Time will tell.
0 found this comment helpful
0

Guess Who?

Posted on November 4, 2014
Caller type: Unknown
Location: Australia
Dear Abraham (AKA Danny Daher - Director of Natcon Developments (ND); Natcon10; Natcon Ten P/L...or any other pseudonym you would like to exploit)

There is only one common denominator in your rant regarding your VCAT and battles and financial woes – yes that’s right - it’s you… Abraham, DD, ND or whoever you are this week. Funny throughout all of those VCAT cases and scenarios you mention – you are the one constant.

You make it so obvious….in your typical and repeated effort to absolve yourself of any responsibility, but everyone on this site knows you and what you do.
Oh and BTW thanks for the case numbers – saves me a VCAT search. I can now find all the information on you I need as they are all a matter of public record and will tell the truth.

What’s the matter Danny your other blog offering unsolicited references for yourself not working so well?
0 found this comment helpful
0

Plumber aka danny daher

Posted on October 30, 2014
Caller type: Unknown
Location: Australia
You are funny mate
Trying to blame someone else yet again for what you have done to so many people and livelihoods
You are a joke mate
0 found this comment helpful
0

To the plumber

Posted on October 30, 2014
Caller type: Unknown
Location: Australia
Mate you are going the wrong way
Everyone has been burnt by danny including wayne and there were others before him and after him and will be more
Everyone is on Wayne's side and will be all the way so I'd give up on that one
No one will get anything
End of story.
You are right
0 found this comment helpful
0

Abraham

Posted on October 30, 2014
Caller type: Unknown
Location: Australia
The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.



The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.




The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.




The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.







jjThe circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.






The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses, injuries, or damages from the display or use of this information.







The circumstances of Natcon developments demise can be summarized by an accumulation of client’s failing to make final payments for projects completed by ND combined with an overpayment of monies by ND to a trusted associate firm and the resultant legal costs eventually preventing ND from pursuing its rights and clearing its debts.
This resulted in Natcon being unable to pay its debts as they became due and unable to settle them with any substantial benefit to the ongoing viability of Natcon.
The difficulties commenced when a client (Flinn - VCAT Ref: D183/2013) moved into his newly renovated home and refused to make the final payment. The matter was contested in VCAT and was settled in ND’s favour although legal costs offset any benefit obtained in the win. Effectively this matter resulted in a loss of working capital of approximately $68,000.
Very quickly following this, a developer (Markos Developments & Ors - VCAT Ref: D450/2013) failed to pay for work completed by ND. The developer took possession of units constructed by ND without making the final payment.
This matter dragged out over time and when the hearing became imminent and because of other simultaneous legal actions ND did not have the funds to litigate. The matter required an expert report and extensive preparation. There was a reasonable likelihood of a payout but unlikely to be the claimed amount without expert evidence. This matter resulted in a reduction in working capital for ND of approximately $112,000.
On another project (Rannah & Sebastian Scamporlino - VCAT Ref: D1181/2012) the owners took possession of their extensively renovated home without making the final payment. This matter ran for 5 days in VCAT and a further 2 day hearing was set down for final submissions. Because of lack of funds no one attended the final days and a substantial judgment was handed down against the company. There was a reasonable likelihood of a partial payout in this matter. It effectively meant a loss of working capital of approximately $70,000.
The total amount of working capital lost due to these projects was $250,000 combined with a $120,000 debt that should not have been made
The major blow to the business was in AW Developments Vic - County Court Ref: CI-14-01074. Wayne Martin the director of AW Developments was paid $366,000 to make payments to creditors on ND’s behalf. AW failed to pay the creditors and has now claimed $300,000 against ND. The liquidators are considering whether to challenge this but it is a complex and expensive forensic accounting exercise. This matter has a reasonable likelihood of a significant payout if it is run.
Conclusion
As the domino effect of matters weighed in on ND , advise was given to wind it up. The legal costs to pursue the rights of ND were overwhelming and, given the position of ND, had to be paid into trust in advance of the work being done.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
The final balance would have been progressively reduced with the continuation of work and some would not even be due other that through the liquidation causing the debts to be called in.
Natcon is a competent builder and the principal has been in construction for over 19 years without any previous claims. It has adjusted its business model to reduce the volume of work and reliance on site personnel other than himself controlling the works.
This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the blog owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The owner will not be liable for any errors or omissions in this information nor for the availability of this information. The owner will not be liable for any losses,










0 found this comment helpful
0

Working as a group

Posted on October 27, 2014
Caller type: Scam
Location: Australia
If Wayne had 'stolen' $300k + then Danny would have reported him to the Police and he would have been arrested, end of story. Wayne has no legitimate connection to Natcon Developments so you will not be able to mount any legal challenge.

All the clients money was paid directly to Danny's account, hundreds of thousands of dollars and maybe even millions, which he kept, bought investment properties, paid himself $6k a week in wages, built a $100k swimming pool and paid massive costs for his barristers and lawyers to keep the con running as long as possible.

Even though Wayne is now well and truly out of the picture, the con continues with other 'Waynes' like Rod and David, Danny has continued inflicting the same pain on new clients and trades.

Don't expect any money from Worrells, its all gone, any money left will go directly back to him, via his crooked secure creditor arrangement.

The best we can all do is push for him to be thrown into prison.

Do what riptoff says and share the evidence that can put him there. ASIC will investigate if we give them evidence and demand action all as individuals.
0 found this comment helpful
0

Plumber

Posted on October 24, 2014
Caller type: Unknown
Location: Australia
I cannot believe that you think I am Danny.
I'm Not.!!!

Why is everybody on Wayne's side?
He authorised me to do extras on some of Danny's jobs.
So should I send the invoices to him.

Stuff Wayne..He's is dimwit and he's involved.

I got onto this site to warn people about Danny and try and get my money from him.

There is no money to be given and he is protected by the law....full stop.
ASIC will do nothing...Worrels will achieve nothing.
No one is going to get a cent.

So if you want to try and get your money back, look for other avenues.
Wayne's situation doesn't add up..to me.. so I will pursue that avenue myself.

Confused - you wake up and smell the cheese, have you got certain factual evidence that Wayne was involved in any way?
Did he really work for Danny for no payment for 1,2 or 3 years or lend him 300+k ....for what? ...a promise?
We all know - you go figure.

This futile bantering between creditors is no good.
Think / dream what you like, we are all in the same boat.
We're not going to get anything, and legally we are not entitled to anything.

We just all got sucked in by Natcon Developments - end of story.
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We all know

Posted on October 22, 2014
Caller type: Unknown
Location: Australia
We all know it's danny commenting on here trying to pass the blame to someone else. - yet gain
Blaming someone for $300 grand but owes $1.7 million - go figure
Take responsibility for once in your life
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Confused??

Posted on October 22, 2014
Caller type: Unknown
Location: Australia
Wayne is not to blame at all
He was not a shareholder or director or partner
Danny tried to sign him up to take debt as well but he was too smart for that
$300 k is a fraction of what's owed by danny
Wake up and smell the cheese mate
Danny cons everyone and anyone that he can get credit from at no risk
I reckon we al get on board and bring danny down asap
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Plumber

Posted on October 19, 2014
Caller type: Unknown
Location: Australia
Just to add...I would love to know the arrangement between Wayne and Danny.

If he 'invested' that much money, he would be considered a shareholder if not a director.

Both those titles have ramifications for Wayne - as shareholder get paid after the creditors have been paid.
A director is liable for payment of debts.
If he is the only solvent director he is liable for the total debts.

Whatever the case may be - he should at least remove is claim for money from the remaining pool.

I will be writing to Worrells to investigate what the agreement is between Wayne and Natcon .

If they can prove - through valid documentation that Wayne is a partner / director / shareholder.
I know who I am going to pursue!

My gut feeling is that he is being too open with emails, documentation, court cases and so on.
What does he stand to lose, if it is proven, that he is liable or partly liable for the predicament we are all in.

Things just don't add up.

He knew what was going on - to the value of 300+k.
He didn't jump ship - he was trying to protect himself.
Pity he took us all with him from very early on.

Pre-meditated ???
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Plumber

Posted on October 16, 2014
Caller type: Unknown
Location: Australia
Lets get back on track.

Was Wayne an investor and or a shareholder?

Never got paid - continued to work for Natcon up to the value of $300+ k - without getting paid?
Is that normal?
Most people would not be able to accommodate that arrangement.

So what was his position?
Martyr, Good Samaritan, Nice Bloke, Volunteer?
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Joe

Posted on October 15, 2014
Caller type: Unknown
Location: Australia
He never got paid it from Natcon as far as I'm concerned
I've seen emails proving his innocence
Danny is saying this to pass the blame to someone else like he does all the time Gutless wonder he is
I'm sure the liquidators will sort it out
In due time
Hurry up is all I say so we can get our money back
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Plumber, WTF?

Posted on October 14, 2014
Caller type: Unknown
Location: Australia
Are you the same plumber that performed defective plumbing works at my house? You didn't bother to follow the plans and specifications or issue a proper plumbing certificate?

And you're blaming Wayne? I'm not sure I understand?
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Riptoff

Posted on October 14, 2014
Caller type: Scam
Location: Armenia
Wayne was not the problem.

Danny is continuing his same scamming tricks under NatconTen Pty Ltd. There are fresh cases of trades taking Danny to court under his new company for non-payment. Wayne is not involved in this new company at all.

Danny is continuing to pick up new stooges like Rod and David, using them, then throwing them under a bus.

In any case, Danny was the owner of Natcon Developments, any failure in paying trades and wrecking clients houses are his responsibilities alone, nobody else.

Danny stole from all of us, we were all conned, Danny has taken the money, paid himself $6k a week in wages to bleed Natcon Developments dry, built a $100k swimming pool and recently bought some nice investment property.

But we're working on remedy that.

What would help me, is if all the trades send the original invoices that we're unpaid and emails / comms demanding payment to the natconvictims at yahoo dot com dot au

I will take it from there.
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Plumber

Posted on October 14, 2014
Caller type: Unknown
Location: Australia
So what are you saying Matt.
Are the contractors 'investors' in Natcon.

I think not.. I'm sure if we were privy to the information that Wayne must have known about Natcon, not one contractor would have taken a single job on.

How much better would we have been off if we knew Danny and Wayne were going to do this?
Many thousands of dollars in my case.


Stuff Wayne's County Court writ and his so called 'personal guarantee' from Danny Daher.

Would Wayne pay any of the contractors back if he got his money.

I missed the Creditors meeting - I hope there's going to be another one.

I bet Wayne won't show up to the next one.

Can someone post Wayne's phone no on here.
I really am in a good mood to start bagging his mobile no.
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Plumber

Posted on October 13, 2014
Caller type: Unknown
Location: Australia
As far as I am concerned he has done that to make himself look clean.

He wants to make a case - that has cost him 10% of what he was apparently paid by Natcon.
Was he the "Trusted 3rd party" that Natcon apparently paid that didn't pay the money onto contractors?

If that's the case - he has spent 30k and has kept the 270 + k.

He's in it upto his ears.

He could have let contractors know what was going on, but no - he was protecting his own interests at ours and the homeowners expense.
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Creditors

Posted on October 13, 2014
Caller type: Unknown
Location: Australia
Danny you are obviously on here a lot reading up on everything
Why don't you come to the next creditors meeting and show your face
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rippedoff

Posted on October 13, 2014
Caller type: Unknown
Location: Australia
Funny how every email was cc to Wayne while I was chasing money from Danny!! Didn't hear from Wayne for 9mths until supposedly he was to owed $400k+ and thought I could be of some use.
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Isaac

Posted on October 12, 2014
Caller type: Political Call
Location: Australia
Have a look at his vcat file
Over 36 cases dating back over ten years
He's been doing this to people and trades for that long
It's only taken till now for people to stand up to him
All the others have just given up there case to get him out of their lives
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Matt

Posted on October 12, 2014
Caller type: Unknown
Location: Australia
Why would wayne spend $30 grand on county court proceedings if he hadn't of put his own money into Natcon
Come one mate. You must be blind
I've seen the county court writ and danny had signed a personal guarantee to pay wayne back money he had invested into natcon
So Wayne's worse of than anyone else and set him back big time
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Do you have a comment about Natcon Developments Pty Ltd or (03) 5931 3166?

Do you have a comment about Natcon Developments Pty Ltd or (03) 5931 3166?