“The sole purpose of the bankruptcy filing was to delay (the) order from taking effect and that is not a legitimate purpose,” the dismissal motion granted by the judge said, according to New York Daily News.
The judge also issued a six-month bar to any attempt to refile the bankruptcy.
In paperwork filed last week, the four neighbors living directly below the half-built hillside property said demolition can’t wait.
John and Judith Bedrosian and Joseph and Beatriz Horacek argued the 30,000 square-foot concrete structure, which they deemed “the most illegal structure ever constructed" in Los Angeles, lacks a solid foundation and threatens to collapse on their properties.
The news comes after Hadid’s company, 901 Strada LLC, filed for a Chapter 11 petition just hours before the Thanksgiving holiday, effectively freezing any movement on the mega-mansion also dubbed as the “Starship Enterprise.”
The Hadid patriarch declared the company is $10-50 million in debt due to the construction of his 30,000 square-foot Bel-Air mansion, which he reportedly began in 2011, according to court documents obtained by The Daily Mail and TMZ.
In the bankruptcy filing, Hadid reportedly said the company is over $386,000 in debt to a design and management company. In addition, he claimed his company is over $200,000 in debt to a building materials company and owes over $93,000 to a demolition company as well as over $35,000 to plumbers, reports PEOPLE.
The father of supermodels Gigi and Bella Hadid also reportedly said his mansion requires immediate attention with the need to be physically secured or protected from the weather, according to TMZ, which also reported that local taxpayers would have to pay the mansion’s expenses if Hadid fails to pay the estimated $5 million to demolish it.
In 2015, the city filed misdemeanor charges against Hadid for failing to obtain proper construction permits or abide by orders from the safety department, according to the Los Angeles Times. Hadid pled no contest to the charges but in 2017, he was ordered to complete community service and pay fines, according to PEOPLE.
Photo Credit: Getty Images, MEGA
