The bankruptcy of former Billabong chief Matthew Perrin is about to get very messy, and the lawyer-turned-entrepreneur could be about to lose his $10 million Surfers Paradise mansion.
Perrin’s trustee-in-bankruptcy Graham Starkey has said Perrin’s home would not be involved in his personal bankruptcy because it is in the name of his wife Nicole. But The Australian has reported that the administrator of two Perrin family companies that have collapsed could pursue the house, as Nicole Perrin went guarantor on a loan to her husband.
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James was the editor and publisher of SmartCompany and LeadingCompany for five years. He is now the Australian Financial Review‘s companies & markets editor, and a former BRW editor.
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