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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 Advisory AccountantsAugust 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 Advisory AccountantsAugust 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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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024

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 Advisory AccountantsAugust 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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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024

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 Advisory AccountantsAugust 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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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
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