Public Hospitality’s Jon Adgemis faces imminent threat of bankruptcy after appeals fail

Public Hospitality’s Jon Adgemis faces imminent threat of bankruptcy after appeals fail

The former KPMG deal maker, who is being housed by billionaire Will Vicars, faces the threat of eviction from his family home.

Jon Adgemis seeks extension as debt troubles deepen and bankruptcy threat looms

Former KPMG dealmaker turned Sydney pub baron Jon Adgemis is seeking another extension on a $1 million repayment to former staff and property managers, having only partially met his latest deadline. According to The Australian, Adgemis has paid just $400,000 of the $1 million promised under a debt rescue deal, with a further $6.7 million due in September. A spokesperson confirmed he is “currently in the process of agreeing to a short extension f…