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NSW man bankrupted over claimed $10m debt – Bega District News

An Albury businessman has been declared bankrupt in a win for the Commonwealth which says he owes it more than $10 million following a long-running court battle. The Commonwealth had applied to the Federal Court for a sequestration order against Allan Paul Endresz . He opposed it on a number of grounds, including a submission that the judge could not be satisfied that the debt was still owing. But Justice Jacqueline Gleeson on Thursday made the order and ruled that the Commonwealth’s legal costs of $19,739 be paid from the estate of Mr Endresz. In its March application, the Commonwealth said Mr Endresz owed it $11,588,824. This was said to be the balance of a debt order of $18,633,178 made in the ACT Supreme Court in 2014 less $7,044,35…

Read the full article at: https://www.begadistrictnews.com.au/story/6898672/nsw-man-bankrupted-over-claimed-10m-debt/

Category: BankruptcyBy Insolvency GuardianSeptember 21, 2020

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NSW man bankrupted over claimed $10m debt – Bega District News

An Albury businessman has been declared bankrupt in a win for the Commonwealth which says he owes it more than $10 million following a long-running court battle. The Commonwealth had applied to the Federal Court for a sequestration order against Allan Paul Endresz . He opposed it on a number of grounds, including a submission that the judge could not be satisfied that the debt was still owing. But Justice Jacqueline Gleeson on Thursday made the order and ruled that the Commonwealth’s legal costs of $19,739 be paid from the estate of Mr Endresz. In its March application, the Commonwealth said Mr Endresz owed it $11,588,824. This was said to be the balance of a debt order of $18,633,178 made in the ACT Supreme Court in 2014 less $7,044,35…

Read the full article at: https://www.begadistrictnews.com.au/story/6898672/nsw-man-bankrupted-over-claimed-10m-debt/?cs=7

Category: BankruptcyBy Insolvency GuardianAugust 27, 2020

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PreviousPrevious post:AFL restructuring sees integration of management at Melbourne’s Marvel Stadium – Australasian Leisure ManagementNextNext post:Ir magazine: two of Bunkus’ owned safes in banks emptied after his murder – bnn-news.com

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REVEALED: Liquidator appointments for businesses in the Sydney council area for November 12 – The Daily Telegraph
November 12, 2026
Full list: Companies entering liquidation or administration across Australia on November 12 – The Courier Mail
November 12, 2026
IBC rescue rests on ‘clean slate’ — TradingView News
November 12, 2026
REVEALED: Liquidator appointments for businesses in the Brisbane council area for November 11 – The Courier Mail
November 12, 2026
REVEALED: Liquidator appointments for businesses in the Melbourne council area for November 11 – Herald Sun
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REVEALED: Liquidator appointments for businesses in the Gold Coast council area for November 11 – Gold Coast Bulletin
November 12, 2026
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