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Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle Herald

IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled.

The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning him more money late last year.

Mr Harvey who famously loaned Mr Tinkler $50 million, and got it back  confirmed on Friday that he had loaned him more money, but said he had no idea what Nathan has done with it.

Property searches reveal Mr Harveys company, MSJG Pty Ltd, has taken mortgages over five rural properties, near Port Macquarie, owned by Serene Lodge Investments, a company run by Mr T…

Read the full article at: http://www.theherald.com.au/news/local-news/5589623/nathan-tinkler-emerges-from-bankruptcy-with-help-from-retail-giant-gerry-harvey/

Category: BankruptcyBy Insolvency GuardianAugust 18, 2018

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Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle Herald

IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled.

The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning him more money late last year.

Mr Harvey who famously loaned Mr Tinkler $50 million, and got it back  confirmed on Friday that he had loaned him more money, but said he had no idea what Nathan has done with it.

Property searches reveal Mr Harveys company, MSJG Pty Ltd, has taken mortgages over five rural properties, near Port Macquarie, owned by Serene Lodge Investments, a company run by Mr T…

Read the full article at: https://www.theherald.com.au/whats-on/music-and-gigs/5589623/nathan-tinkler-emerges-from-bankruptcy-with-help-from-retail-giant-gerry-harvey/

Category: BankruptcyBy Insolvency GuardianAugust 18, 2018

Post navigation

PreviousPrevious post:Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle HeraldNextNext post:Moser Baer India Ltd. – Corporate Insolvency Resolution Process (CIRP)-Replacement of Interim Resolution … – The Hindu BusinessLine

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Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle Herald

IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled.

The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning him more money late last year.

Mr Harvey who famously loaned Mr Tinkler $50 million, and got it back  confirmed on Friday that he had loaned him more money, but said he had no idea what Nathan has done with it.

Property searches reveal Mr Harveys company, MSJG Pty Ltd, has taken mortgages over five rural properties, near Port Macquarie, owned by Serene Lodge Investments, a company run by Mr T…

Read the full article at: https://www.theherald.com.au/sport/knights/5589623/nathan-tinkler-emerges-from-bankruptcy-with-help-from-retail-giant-gerry-harvey/

Category: BankruptcyBy Insolvency GuardianAugust 17, 2018

Post navigation

PreviousPrevious post:Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Muswellbrook ChronicleNextNext post:Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle Herald

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Nylon maker Ascend files for bankruptcy
June 1, 2025
Swiss solar panel maker Meyer Burger files for insolvency for German subsidiaries – Reuters
June 1, 2025
WA producers hope Brownes Dairy will be purchased by an Australian buyer
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Fortunes reversed for former mates as billionaire Gerry Harvey helps Nathan Tinkler emerge from bankruptcy as Troy … – Newcastle Herald

IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled.

The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning him more money late last year.

Mr Harvey who famously loaned Mr Tinkler $50 million, and got it back  confirmed on Friday that he had loaned him more money, but said he had no idea what Nathan has done with it.

Property searches reveal Mr Harveys company, MSJG Pty Ltd, has taken mortgages over five rural properties, near Port Macquarie, owned by Serene Lodge Investments, a company run by Mr T…

Read the full article at: http://www.theherald.com.au/story/5589623/nathan-tinkler-emerges-from-bankruptcy-with-help-from-retail-giant-gerry-harvey/

Category: BankruptcyBy Insolvency GuardianAugust 17, 2018

Post navigation

PreviousPrevious post:How to avoid financial strife as your family grows – KidspotNextNext post:$2.4M IN DEBT: Federal Court orders iconic pub be wound up – News Mail

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June 1, 2025
Steward allowed to keep worker retirement funds
June 1, 2025
Analysis: Textile giant Sritex shuts down, leaving over 10,000 workers jobless – Academia
June 1, 2025
Nylon maker Ascend files for bankruptcy
June 1, 2025
Swiss solar panel maker Meyer Burger files for insolvency for German subsidiaries – Reuters
June 1, 2025
WA producers hope Brownes Dairy will be purchased by an Australian buyer
June 1, 2025
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