Sereposis paid creditor with boat and Ferrari
Terry Serepisos settled with the first creditor who sought to bankrupt him by signing over security in a silver Ferrari and a 43 foot launch.
Canterbury Mortgage Trust initiated bankruptcy proceedings against Mr Serepisos over an $2.3 million shortfall in security, but withdrew this action
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Matt Nippert
Tue, 30 Aug 2011
Tue, 30 Aug 2011
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Sereposis paid creditor with boat and Ferrari
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