Lenders tipped a company which owns the vessel into receivership last month – before handing it back. He is attempting to refinance his sprawling hotel empire.
The one-time National Australia Bank executive has been assisting the businessman with his pub empire as it struggles to lock in a much-needed refinancing.
The former KPMG dealmaker had struck an agreement with Bain Capital to refinance a vast portfolio of venues. However, sources said this had now been terminated.
Debt-laden Adgemis mortgages mum s and grandmother s homes afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Spotlight on Adgemis as Bain Capital negotiations drag afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.