Jon Adgemis’s $1.8B Hospitality Collapse | Sydney News

Jon Adgemis, the flashy ex-hospitality mogul who crashed his $1.8 billion empire during the pandemic, is now facing a courtroom showdown over where all that cash vanished — and his lawyers are fighting hard to keep the hearings secret, even as banks, staff, and the tax office demand transparency. Once known for his luxury cars and Shirley Temple’s yacht, Adgemis declared bankruptcy last year, leaving a trail of creditors. His legal team just pushed back the court exam to next week, arguing it’s an abuse of process — but media and regulators are pushing back. The judge will decide tomorrow whether this high-stakes drama stays behind closed doors or goes public. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1f804c5a111a0bb8