VotedBes41303wpkk

Where to Begin – Pick the Competent and Worst {Construction Companies|Builders|Building Companies| in {Commonwealth of Australia..?

The Bankrupt, Fugitive, and the Collapse of Building CompanyToplace's Billion-Dollar Empire

from Oct 2023

A Insolvent consultant {was comprehensively involved with getting his insolvent business a very moneymaking construction contract|played a important part in securing — managing the dissolution of Defendant Jean Nassif's business empire, which drowned under financial obligations exceeding $1.24 billion, including $88.5 million due to suppliers and onsite builders.

Brand New disclosures about the ruin of Nassif's Toplace group have appeared in documented evidence given to the Australian Federal Court this week by bankruptcy administrators from dVT Group of Companies. These papers unveiled that secured creditors such as offshore lenders in tax havens, are owed $1 billion.

Further Relevant Subject Matter:

Riad Tayeh, and Toplace's Skyview development in Castle Hill.

Creditors without Security, have made claims with a total est. quarter of a billion. Federal Court claims also indicate that Riad Tayeh, company founder of dVT Group, played a key role in securing his companies assignment as bankruptcy managers. Despite being declared insolvent in July last year with $5.4 million in debt, Tayeh, now a consultant, and colleague Antony Resnick went to essential meetings with Toplace top managers in the weeks before the companies appointment as bankruptcy managers. Included in those involved at the meetings on May 2020 was Jean Nassif's 29-year-old daughter, Ashlyn, whose Certificate to practice Law was suspended while she fights charges relating to fraud bound to Toplace's Skyview building development in Castle Hill.

Riad Tayeh was legally financially bankrupt in July last year.

Just days before the meetings, a warrant was issued for the arrest of Jean Nassif, 55, who escaped to Dubai in December 2022. Jean and Ashlyn Nassif are accused of fraud to secure a $150 million loan from Westpac.

In July, Resnick and fellow dVT partner Suelen McCallum were nominated voluntary administrators for Toplace, following a resolution passed by Jean Nassif, Toplace's sole director, via email just hours prior. The bankruptcy managers now face the task of handling one of New South Wales' largest corporate bankruptcy's.

Resnick filed an affidavit in the Federal Court indicating that while Toplace's assets are valued at approximately $1.47 billion, its debts are nearly the same amount. Despite this, several owners' corporations have filed claims amounting to nearly $124 million to address serious defects in Toplace's buildings.

Further complicating the administrators' task a staff member suggested there may be another $400 million in loans involving Nassif entities that are not yet under administration. adding that Toplace's financial books had not been properly updated since 2021.

Betrayal Backside of Connecting Wall: A Neighbour's Disastrous Effect on Our Peaceful Home

In the CBD of Alexandria Melbourne, Australia we had renovated our loving sanctuary of some 30 years, a walled award winning house and garden amidst the storm of the city. For over 20 years, it was a beautiful home of solace, a shelter of beauty and safety.

As an honoured architect designer, my friend had donated to our city with many city improvement proposals, but of these none were more personal and loved that the modern design of the Lawrence Street, Alexandria, Victorian. Conspicuously in the Sydney Morning Herald, it was hailed as a masterpiece, weaving Victorian charm with neo elegance.

The Victorian conversion was a creed to architectural ingenuity—a two and ½-story addition and renovations to a Victorian style terrace, providing a home for a small family and a home office. The premier feature was the light tower, far above the roof with suspended stairs, acquiring the essence of the south east and northwestern skies. French style sash windows dressed the main bedroom, while timber casement windows decorate in the bathroom welcomed views and filtered light. linked webpage