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. Meanwhile, a bankruptcy petition was filed this week, and a dispute with La Trobe Financial could see Mr Adgemis and his family evicted from a multimillion-dollar home in Rose Bay.