Freeze on start-up founder’s $10m Mosman mansion after business collapses

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Freeze on start-up founder’s $10m Mosman mansion after business collapses | nickbonyhady anthonysegaert

on the company’s collapse into administration, which it said was triggered by investors eager to see a full audit of Metigy’s finances.

The six-bedroom, five-bathroom trophy home with expansive harbour views was sold in September last year to Fairfull, and a woman who appears to be his wife, legal records show. On its website and in media stories, Metigy spruiked a “reseller partnership” in which the telecommunications giant would offer Metigy’s marketing products to its more than 400,000 small business clients.

A caveat is a legal tool that anyone claiming a legal interest in a property can lodge in Australia’s land title system which restricts how property can be bought and sold. It is not clear exactly why the investors and Metigy have taken out the caveats, or whether their interests could actually be enforced against Fairfull. No other legal proceedings have been commenced.

 

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nickbonyhady anthonysegaert Sydney entrepreneur from the White European migrant community of White Australians?

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