NewsBite

When things went wrong for the cafe baron and the Chinese shoe king

Max Mason
Max MasonSenior reporter
Updated
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Lawyer and hospitality entrepreneur Faddy Zouky has had his Australian assets frozen until he pays nearly $9.6 million to a Chinese former business partner who accused him of misleading him over an investment in a Sydney hospital café.

Mr Zouky, who runs a number of cafés in medical centres across NSW, Queensland and Victoria, fell out with Suilong Liu, a Chinese businessman dubbed “the shoe king” by China’s media, over a joint venture at Royal Prince Alfred Hospital.

Loading...
correction —

An earlier version of this story incorrectly reported the ownership of certain cafes.

Max Mason covers insolvency, courts, regulation, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max's journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Retail

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/retail/when-things-went-wrong-for-the-cafe-baron-and-the-chinese-shoe-king-20241029-p5kmbl