PORN KING’S ASSETS. The Sydney Morning Herald 26 August 2010
The Kiwi porn baron Steve Crow has said he would consider bankruptcy in a bid to get a major Australian supplier of sex toys and DVDs off his back. Crow, who defended himself in the High Court in Auckland yesterday is challenging a judgment of $39,000 owed to Calvista Australia. Calvista says it’s owed for goods supplied to Crow’s companies in New Zealand. Crow said Calvista had revived an old Vixen Direct account – one of his companies – after no dealings with him for six years. The Dominion Post reports that Crow, who is behind the annual Boobs on Bikes parade and Erotica Expo, was this year banned from directing or managing a company for four years. ”I do not have $39,000 in a bank account. I have assets many, many times that,” Crow said. ”The only issue is if I’m unsuccessful in this appeal … I would have to liquidate assets. The other choice is to bankrupt myself.”
http://www.smh.com.au/national/the-diary/a-latin-lover-is-good-for-alibi-20100825-13s8o.html [Read more…]
