Bankrupt businessman Geoffrey Edelsten faces years of litigation in Australia and the United States, with creditors in both countries lining up to get a piece of his Victorian assets.
Edelsten is being chased by more than 40 creditors , including the Australian Taxation Office, for millions of dollars.
He also owes National Australia Bank, Bendigo Bank and AFL club Carlton among the 41 creditors, while court documents from 2014 say Edelsten owes more than $10 million to his former US business partner Rafael Mawardi.
Edelsten on Wednesday attended the Federal Court in Melbourne to observe a hearing involving his US bankruptcy trustee and the NAB.
Edelsten declared bankruptcy in the US in 2014, prompting his bankruptcy trustee to launch Federa…