Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

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

Post navigation

PreviousPrevious post:Coronavirus: Ministers eye extension of insolvency measures – Sky NewsNextNext post:Court action over bankrupt builder’s family house – Daily Mercury

Related Posts

ICRA Pushes for Insolvency Reform as NCLT Bottlenecks Persist
June 4, 2026
REVEALED: Latest business liquidations in Adelaide – Adelaide Now
June 4, 2026
Lawrence Dallaglio faces fresh bankruptcy scrutiny amid £200,000 spending claims and undisclosed bank account allegation | International Sports News
June 4, 2026
Maker of lenses in Macron’s Davos sunglasses enters insolvency
June 4, 2026
Business News Today: Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
June 4, 2026
Icra: Separate Framework Needed for Small Insolvency Cases: Rediff Moneynews
June 4, 2026

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

Post navigation

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

Related Posts

ICRA Pushes for Insolvency Reform as NCLT Bottlenecks Persist
June 4, 2026
REVEALED: Latest business liquidations in Adelaide – Adelaide Now
June 4, 2026
Lawrence Dallaglio faces fresh bankruptcy scrutiny amid £200,000 spending claims and undisclosed bank account allegation | International Sports News
June 4, 2026
Maker of lenses in Macron’s Davos sunglasses enters insolvency
June 4, 2026
Business News Today: Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
June 4, 2026
Icra: Separate Framework Needed for Small Insolvency Cases: Rediff Moneynews
June 4, 2026
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button