Aug 15, 2026 – 5.00amJon Adgemis, Australia’s biggest bankrupt since Alan Bond, is fighting to keep the details of his financial collapse secret.Last week, he thought he was winning. He’d succeeded in delaying his appearance at a bankruptcy hearing that is examining the $1.8 billion implosion of his hospitality empire. And the Federal Court was even considering whether to hold all the hearings in secret.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Primrose RiordanAssociate editorPrimrose Riordan covers private companies and family offices from the AFR’s Sydney newsroom. Primrose was previously a correspondent for the Financial Times and worked in Canberra. Message Primrose on Signal: Primrose.55 or https://tinyurl.com/PrimroseSignalMax MasonCourts and crime correspondentMax Mason covers financial crime, courts and corporate wrongdoing for The Australian Financial Review. Send encrypted tips to maxepmason.14 on messaging platform Signal (tinyurl.com/MaxMason).Fetching latest articles