Rod Nielsen's lawyer defends trust in Albany Heights court battle

One of Rod Nielsen’s closest advisers has defended the bankrupt developer's use of trusts as a court battle over funds for the ill-fated Albany Heights project continues.

Mr Nielsen’s successor trust Rosebud Corporate Trustee (whose sole director is now Mr Nielsen’s wife Sirene) is suing Paul Bublitz and Chris Cook for $3.2 million of funds raised for the high intensity housing development formerly called Albany Heights Villas.

 

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