Walton Construction Class Action

 

 

William Roberts Lawyers are acting for the Applicant in Federal Court proceedings VID993/2019, Williams & Kersten Pty Ltd v National Australia Bank Ltd.

These proceedings arise from the collapse of the Walton Construction group of companies, which entered insolvency in 2013.  The Respondent was the principal lender to the Walton group, and the claimant class is comprised of group creditors such as subcontractors whose invoices went unpaid.  The proceedings allege that the Respondent engaged in misleading and deceptive conduct, unconscionable conduct and equitable fraud in relation to its dealings with the Walton group which increased creditor losses.

A link to the Federal Court portal for this class action is available here.

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