Bankrupted boat builder Ivan Erceg is seeking a stay of bankruptcy proceedings with a claim he has arranged money with a “Spanish party” to settle a debt to Cayman Island-based yacht company Balenia.Balenia, owed $US2.15 million by Mr Erceg, s
Jock Anderson Thu, 04 Mar 2010
Bankrupted boat builder Ivan Erceg is seeking a stay of bankruptcy proceedings with a claim he has arranged money with a “Spanish party” to settle a debt to Cayman Island-based yacht company Balenia.
Balenia, owed $US2.15 million by Mr Erceg, succeeded in having him declared bankrupt on February
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