Sons of Gwalia creditors receive payment

IMF (Australia) Ltd said the first distribution of money owed to creditors from the failed miner Sons of Gwalia Ltd has started, as administrators accept an increase in the value of claims.


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It\'s interesting that the Lalor brothers appear willing to spend millions of dollars in legal fees to defend their claim in Sons of Gwalia, when I have a judgment debt against Chris Lalor\'s son, who borrowed $35000.00 from me and REFUSES to pay back the loan. He has no assets in his name because he is not responsible enough at the age of 36 to manage his assets. Chris Lalor supports his son financially, but unfortunately I cannot sue him for the money that is owed to me. The entire family is aware of this loan and have all decided that they WILL NOT pay me my money What frustrates me is that they can afford to repay this debt, and they REFUSE to pay the money back just because Joseph Lalor has no listed assets in his name. I am in the process of filing bankruptcy against Joseph Lalor for the judgment amount, and I find it frustrating because he has the money and supports a very lavish lifestyle with memberships to Karrinyup golf course, and an allowance of over $1000 per week to play with.

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593rdInternational Equities Corporation-47%26%
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