'Crocodile Hunter' widow settles lawsuit with Australian debt collector

Published Wednesday May 7th, 2008

MELBOURNE, Australia - The widow of television's "Crocodile Hunter" has reached a confidential settlement with creditors who claimed the family's zoo owed them $2.3 million.

Alyssa Treasury Services, a debt recovery agency, had sued Australia Zoo - the wildlife park that was operated by Steve Irwin and his wife, Terri Irwin, in Queensland state - for money allegedly owed to trustee partners.

Victoria state County Court Judge Maree Kennedy dismissed the case Wednesday after a confidential agreement was reached out of court between Alyssa Treasury and Australia Zoo, Terri Irwin, and seven other unrelated companies.

The lawsuit, which had been due to go to trial in October, involved a complex loan deal with an offshore bank that ran into trouble with Australian tax authorities.

A spokesman for the zoo was not immediately available for comment Wednesday.

Steve Irwin, who was killed in a stingray attack in 2006, built a worldwide audience and a multimillion-dollar business around his television persona as an animal lover and conservationist.

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