Boris Becker – in the wrong Court!

Former tennis ace Boris Becker has been declared bankrupt.

Although lawyers acting for Becker asked the Registrar, Christine Derrett, for more time to pay a long standing debt to private bankers Arbuthnot Lathan & Co, she refused stating that there was no credible evidence that Becker would be in a position to repay this historic debt and that he had acted like ‘a man with his head in the sand’.

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Prison for dodgy director!

Scott Kidd from Leicester, who was already subject to a disqualification order, has had the first ever Serious Crime Prevention Order imposed on him.

In 2011 Scott Kidd was sentenced to 6 years for theft and carrying on a business with the intention to defraud members of the public. He was also disqualified from being a company director for 10 years.

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New Insolvency Rules – moving with the times

On 6 April 2017, new insolvency rules will be introduced.  This will be the most significant change to insolvency rules since 1986. The new rules are set to streamline certain procedures and use modern technology and are designed to make insolvency procedures more efficient, minimise costs and therefore maximise the return to creditors.

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