Business
Sydney glamour couple stay in LA owing investors $2 million – Sydney Morning Herald
The founders of lifestyle website Sporteluxe, Bianca Cheah and Simon Chalmers deny they have fled Sydney to escape creditors.
Chalmers and Cheah enjoying the snow in 2012.Credit:Fiora Sacco
However jilted Sydney investor Garren Cronin who has spent $800,000 on legal fees alone told PS he was determined to pursue the couple as a “matter of principle”, having lodged a third bankruptcy petition after previous attempts failed.
“This is a very embarrassing situation for us, and while I am in no doubt this happens a lot of the time, I am not going to allow someone to … not be held accountable,” Cronin said.
However in L…
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