EXCLUSIVE: Dolores Lavin declares bankruptcy

The Wylde Street Potts Point complex housing
Dolores Lavin's cherished home.

FOLLOWING her failure to win a reprieve in the High Court, artistic agent Dolores Lavin has declared bankruptcy in a move unlikely to satisfy ex-bestie Paola Toppi, who has a court judgment and bankruptcy notice ordering that Lavin pay Toppi and her husband Neil Cunningham more than $870,000.

Documents obtained by SiN show Lavin was registered as a bankrupt on the national personal insolvency index on February 19, 2015, a week after the High Court shut the last door on her fight to avoid recovery proceedings Toppi of Machiavelli Ristorante fame commenced in 2011.

Worrells' Aaron Lucan has consented to act as trustee of Lavin's bankrupt estate but given the dealings that have taken place regarding the proprietorship of Lavin's ritzy Wylde Street apartment in Potts Point, it promises to be anything but boring.

On September 13, 2013 a Deed of Change of Trustee was registered. Listed on the deed of change are Lavin, accountant Constantine Savell, Billy Buckle Pty Ltd and The Wylde Family Trust. Effectively the deed empowers Savell as appointor of the trust to appoint Billy Buckle Pty Ltd, replacing Lavin as trustee of the The Wylde Family Trust.