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Message: [QUOTE="Kaz, post: 2461524, member: 1843"] NATHAN Tinkler could face the risk of personal bankruptcy, depending on liquidators' findings, after the latest chapter in his financial rodeo unfolded before the courts yesterday. A court yesterday ordered his Mulsanne Resources be liquidated over a failed $28.4 million debt to Blackwood Corporation. [B]But a spokesman for Tinkler Group said the court's ruling would not affect its stable of other companies[/B], which include Hunter Ports, International Ports and Logistics, Hunter Sports Group and[B] Patinack Farm[/B]. [URL]http://www.dailytelegraph.com.au/news/nathan-tinkler-teeters-on-a-cliff-edge/story-e6freuy9-1226520741541[/URL] Receivers appointed to Nathan Tinkler's Patinack Farm company RECEIVERS have been appointed to another of Nathan Tinkler's companies as the coal entrepreneur's empire continues to crumble. Mr Tinkler’s Patinack Farm Administration – a company associated with the racehorse empire for which he vastly overpaid – will be wound up after a ruling by the Federal Court in Adelaide. The court ordered the appointment of Adelaide-based insolvency practitioners Anthony Matthews & Associates to wind up the company, following legal action by creditor Workcover Corporation of South Australia mid-last month. The New South Wales Office of State Revenue had also been chasing the company over unpaid debts. [URL]http://www.theaustralian.com.au/business/mining-energy/receivers-appointed-to-nathan-tinklers-patinack-farm-administration/story-e6frg9df-1226521278397[/URL] [/QUOTE]

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