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Allan Endresz declared bankrupt in Federal Court by Justice Jacqueline Gleeson – The Border Mail

Albury businessman and prominent racehorse owner Allan Endresz has been declared bankrupt for a fourth time, but is refusing to concede defeat in his marathon legal battle with the federal government. His latest legal setback came this week in the Federal Court where the Commonwealth had applied for a sequestrian order and Justice Jacqueline Gleeson ruled that the Commonwealth’s legal costs of $19,739 be paid from Mr Endresz’s estate. Mr Endresz opposed the order on multiple grounds, including a submission that the judge couldn’t be satisfied that the debt was still owing. In its application to the court, the Commonwealth stated Mr Endresz owed it $11,588,824 as the balance of a debt order of $18,633,178 made in the ACT Supreme Court …

Read the full article at: https://www.bordermail.com.au/story/6900614/endresz-down-again-but-says-he-is-still-not-out/?cs=11

Category: BankruptcyBy Insolvency GuardianAugust 28, 2020

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Allan Endresz declared bankrupt in Federal Court by Justice Jacqueline Gleeson – The Border Mail

Albury businessman and prominent racehorse owner Allan Endresz has been declared bankrupt for a fourth time, but is refusing to concede defeat in his marathon legal battle with the federal government. His latest legal setback came this week in the Federal Court where the Commonwealth had applied for a sequestrian order and Justice Jacqueline Gleeson ruled that the Commonwealth’s legal costs of $19,739 be paid from Mr Endresz’s estate. Mr Endresz opposed the order on multiple grounds, including a submission that the judge couldn’t be satisfied that the debt was still owing. In its application to the court, the Commonwealth stated Mr Endresz owed it $11,588,824 as the balance of a debt order of $18,633,178 made in the ACT Supreme Court …

Read the full article at: https://www.bordermail.com.au/story/6900614/endresz-down-again-but-says-he-is-still-not-out/

Category: BankruptcyBy Insolvency GuardianAugust 28, 2020

Post navigation

PreviousPrevious post:Indiana mayor charged with using $255K in campaign funds for gambling, credit card debt – IndyStarNextNext post:Coca-Cola to restructure workforce, sets voluntary job cuts – CNBC

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