Serepisos survives with $4m bailout
An eleventh hour $4 million bailout has saved five of Terry Serepisos flagship Century City companies.
The money, from an undisclosed source said to be "external" to the group, arrived in the companies' lawyer's trust account today.
Confirmation of its arrival came at the courtroom door.
It looked likely to the be last chance Serepisos would have to save the companies from sinking under the $3.5 million debt to Inland
The money, from an undisclosed source said to be "external" to the group, arrived in the companies' lawyer's trust account today.
Confirmation of its arrival came at the courtroom door.
It looked likely to the be last chance Serepisos would have to save the companies from sinking under the $3.5 million debt to Inland
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