Latest news with #Bankrupt
Bloomberg
4 days ago
- Business
- Bloomberg
Del Monte Tweaks Auction Rules to Attract Bids for Food Canner
Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer. Company officials agreed to rewrite the rules governing the auction after creditors said they were concerned the sale process was not open enough to outsiders, Del Monte lawyer Rachael Ringer said during a court hearing Tuesday.
Daily Mail
18-07-2025
- Daily Mail
EXCLUSIVE First stop disgraced Salim Mehajer made minutes after walking free from jail - even before he'd seen his family
Bankrupt property developer and disgraced ex-politician Salim Mehajer walked free from jail on Friday - and headed straight to a cosmetic dentist to get his teeth fixed. Mehajer didn't even stop off to see his family at home before speeding down the M2 to visit a dental surgeon in Hornsby in Sydney 's north to repair his prison teeth. He made a brief diversion on the way there to get a new driver's licence from Service NSW in Westfield Parramatta before spending an hour getting dental work. Mehajer, 39, was notorious for the cosmetic work he had done before his downfall, with gleaming Hollywood white teeth and apparent facial fillers as his hallmark style. The disgraced former deputy mayor tried to dodge Daily Mail Australia by jumping out of his black 2018 Mercedes S450 limo at traffic lights near the surgery. He emerged from the surgery just after 1pm - wearing $900 Louis Vuitton sunglasses - but brushed off questions about his health through clenched lips with a muttered: 'Good, thanks.' Mehajer, wearing a blue suit and pink-striped tie and sporting a manbun-style ponytail, appeared to have added a few centimetres to his waistline while inside jail. His suit appeared crumpled and ill-fitting after his five years in prison, no longer tailored to his previously svelte frame. He emerged from the dentist after 1pm refusing to smile or bear his teeth and brushed off questions about his health through clenched lips with a muttered: 'Good, thanks' He also seemed to have been given a recent prison haircut, despite his ponytail, with hair closely trimmed at the sides. Mehajer politely opened the door for another client leaving the clinic complex, which also houses cosmetic surgery salons, before heading back to a waiting chauffeur. He had earlier dismissed questions about his future as he walked through the Parramatta shopping centre to the Service NSW outlet. 'I'm going to respectfully decline to comment,' he said. The one-time millionaire, who flaunted his wealth with an extravagant wedding and luxury marble mansion, had earlier tried to dodge cameras when he left the John Morony Correctional Centre in Windsor, 55km northwest of Sydney on Friday morning. The eldest of Amal and Mohamad Mehajer's eight children, will be relying on his parents' support if he follows through on his plan to rebuild his failed property empire. The former Auburn council deputy mayor has been in prison since November 2020, when he was jailed for lying to a court, and has served back-to-back sentences for multiple offences. The NSW State Parole Authority (SPA) decided last month to grant his release on conditions including that he undergo drug and alcohol testing, participate in domestic violence programs if directed, and not communicate with any outlaw motorcycle gang bikies or associates. He is also banned from contacting his DV victim or entering the Central Coast. Mehajer was declared bankrupt during a previous prison stint in 2018 when his property business, SM Project Developments, was liquidated. Creditors included the Australian Taxation Office and the company which built the marble staircase at his former lavish home in Frances Street, Lidcombe. He was locked up again in 2020 after he was found guilty of two counts of perverting the course of justice and one count of making a false statement under oath. While behind bars in 2023, Mehajer was again convicted in separate trials for unrelated fraud and domestic violence offences. A jury found Mehajer guilty of multiple counts of assault, one count of intimidation and one count of suffocation relating to his abuse of an ex-partner, and he was sentenced to a maximum of seven years and nine months in jail. He was convicted of assaulting the victim by punching her in the head in his car, suffocating her with his hand over her nose and mouth until she passed out, crushing her hand as she held her phone and threatening to kill her mother. At a further trial while he was in jail, he was found guilty by a jury of fraud on two counts each of making a false document and using a false document. The jury convicted him of creating false statutory declarations and affidavits by forging the signatures of his solicitor, Zali Burrows, and one of his six sisters. Mehajer overcame a raft of objections, including the risk of him reoffending, his refusal to change his attitude and his continued denial of some of his crimes. In granting him a release, SPA said Mehajer had completed all possible programs in prison. It determined his rehabilitation was better served in the community under the supervision of a psychologist and community corrections officers. His parole conditions include being of good behaviour, and ongoing treatment from a private psychologist. Mehajer first made headlines with his over-the-top wedding in 2015, when a reported $1million of gaudy excess closed off a Sydney street. Mehajer and his young bride 'Aysha' - former Wollongong beautician April Learmonth - were married amid a procession of Harley Davidsons, rented Lamborghinis, a helicopter overhead, and a reception with 10,000 red roses and gold-dusted desserts. The flashy party had been delayed until Mehajer's father made his exit from prison, after being released early from a maximum three and half years' sentence. Mohamad Mehajer was convicted of conspiring to defraud the National Australia Bank of more than $3million after attempting to bribe a bank employee to approve a loan that overstated the value of the family property company. Salim's marriage lasted a year. In 2016, Aysha took out a restraining order against him, and thereafter the attention-seeking fraudster became embroiled in legal and financial troubles. Now it's his dad's turn to help his son, who he has previously described as 'the brain' and 'the head' of the family.
Daily Mail
18-07-2025
- Business
- Daily Mail
Salim Mehajer walks free from jail: Disgraced property developer swaggers out through the razor wire in blue suit to go and live with his mum and dad because he's broke
Bankrupt property developer and disgraced former politician Salim Mehajer has walked free after five years in jail to live with his parents because he's flat broke. The one-time millionaire who flaunted his wealth with an extravagant wedding and luxury marble mansion swaggered out from behind the razor wire of a western Sydney prison on Friday. Wearing a blue suit, and his white teeth bared in a dazzling smile XX, the 39-year-old fraudster strolled out of the John Morony Correctional Centre at Windsor without a care in the world - but a very long list of parole conditions. The new parolee looked upbeat as he jumped in a waiting blacked out limo and sped through the prison gates, but faces a strict regime of reporting daily to his parole officer. The eldest of Amal and Mohamad Mehajer's eight children, he will be relying on his parents' support if he follows through on his plan to rebuild his failed property empire. The former Auburn council deputy mayor has been in prison since November 2020, when he was hailed for lying to a court, and has served back-to-back sentences for multiple offences. The NSW State Parole Authority (SPA) decided last month to grant his release m parole on conditions including that he undergo drug and alcohol testing, participate in domestic violence programs if directed and not communicate with any Outlaw Motorcycle Gang bikies or associates. He is also banned from contacting his DV victim or entering the Central Coast. Mehajer was declared bankrupt during a previous prison stint in 2018 when his property business, SM Project Developments, was liquidated. Creditors included the Australian Taxation Office and the company which built the marble staircase at his former lavish home in Frances Street, Lidcombe. He was locked up again in 2020 after he was found guilty of two counts of perverting the course of justice and one count of making a false statement under oath. While behind bars in 2023, Mehajer was again convicted in separate trials for unrelated fraud and domestic violence offences. A jury found Mehajer guilty of multiple counts of assault, one count of intimidation and one count of suffocation relating to his abuse of an ex-partner, and he was sentenced to a maximum of seven years and nine months in jail. He was convicted of assaulting the victim by punching her in the head in his car, suffocating her with his hand over her nose and mouth until she passed out, crushing her hand as she held her phone and threatening to kill her mother. At a further trial while he was in jail, he was found guilty by a jury of fraud on two counts each of making a false document and using a false document. The jury convicted him of creating false statutory declarations and affidavits by forging the signatures of his solicitor, Zali Burrows, and one of his six sisters. Mehajer overcame a raft of objections, including the risk of him reoffending, his refusal to change his attitude and his continued denial of some of his crimes. In granting him a release, SPA said Mehajer had completed all possible programs in prison. It determined his rehabilitation was better served in the community under the supervision of a psychologist and community corrections officers. His parole conditions include being of good behaviour, and ongoing treatment from a private psychologist. Mehajer first made headlines with his over-the-top wedding in 2015, when a reported $1million of gaudy excess closed off a Sydney street. Mehajer and his young bride 'Aysha' - former Wollongong beautician April Learmonth - were married amid a procession of Harley Davidsons, rented Lamborghinis, a helicopter overhead, and a reception with 10,000 red roses and gold-dusted desserts. The flashy party had been delayed until Salim's own father made his exit from prison, after being released early from a maximum three and half years stint in prison. Mohamad Mehajer was convicted of conspiring to defraud the National Australia Bank of more than $3 million after attempting to bribe a bank employee to approve a loan that overstated the value of the family property company. Mehajer staged a car crash in 2017 which led to him pleading guilty to 22 charges, including perverting the course of justice, and making a false call for an ambulance Salim's marriage lasted a year. In 2016, Aysha took out a restraining order against him, and thereafter the attention-seeking fraudster became embroiled in legal and financial troubles. Now its his dad's turn to help Salim, who he has previously described as 'the brain' of the family and 'the head of the family'. In 2024, Salim pleaded guilty to his role in a bizarre car crash he had set up to avoid attending court on another matter, a stunt he was caught out on partly because of CCTV capturing his distinctive leg tattoos. Mehajer pleaded guilty to 22 charges, including perverting the course of justice, making a false representation resulting in a police investigation, making a false call for an ambulance and negligent driving.
Yahoo
11-06-2025
- Entertainment
- Yahoo
Here's how Pat Sajak said goodbye to 'Celebrity Wheel of Fortune' in his final episode as host
Pat Sajak is officially leaving Wheel of Fortune — for real this time. The beloved, Emmy-winning, longtime host of the game show staple took his last-ever spin on Tuesday's episode of Celebrity Wheel of Fortune. "I want to thank ABC for the opportunity to host season 5 of Celebrity Wheel of Fortune. I hope they'll take a close look at my proposed primetime series, Sajak Senior Secret Agent," he joked at the top of the show. "Sounds like a winner," bandied Vanna White, Sajak's cohost of over 40 years. The episode proceeded as usual, with Broadway legends Jesse Tyler Ferguson, Renée Elise Goldsberry, and Bernadette Peters as celebrity contestants. After a scintillating round of game play, in which a laissez-faire Sajak threw Peters' million-dollar wedge over his shoulder after she spun a Bankrupt and joked with the trio, Ferguson won, taking home $59,300 for his charity, No Kid Hungry by Share Our the end of the episode, Sajak, White, Ferguson, Goldsberry, and Peters all took to the stage to bid the maestro a final adieu. "See you next time for more Celebrity Wheel of Fortune," Sajak said — though of course, we won't see him next time. Sajak, 78, announced his retirement from Wheel of Fortune in June 2023, exactly four decades since he took the show from daytime to nighttime in 1983. "Well, the time has come," Sajak said in a statement shared to social media at the time. "I've decided that our 41st season, which begins in September, will be my last. It's been a wonderful ride, and I'll have more to say in the coming months. Many thanks to you all. (If nothing else, it'll keep the clickbait sites busy!)" The Chicago native has made good on that promise, joining his longtime friend and KHON-TV Hawaii anchor Joe Moore for a stage production of Prescription: Murder, the play which was eventually adapted into the pilot episode of Columbo. He spun the wheel on the main series for the last time last June, dedicating his parting statement to White. "Like me, she takes the show very seriously, but not herself. I shudder to think what these 40-plus years might have been like had they brought someone in all full of themselves, playing the prima donna role," Sajak shared in a statement. "Vanna is as sweet and unassuming as she seems. We've seen a lot of changes in each other's lives over the years but we've always been there for each other." With reporting from Jillian Sederholm Read the original article on Entertainment Weekly
