BusinessPeople In BusinessBarnes bankruptcy to be rescinded

Barnes bankruptcy to be rescinded

High court makes quick ruling to overturn John Barnes bankruptcy

Ex-England and Liverpool footballer John Barnes has had his bankruptcy
overturned until the second week of November a High Court has ruled.

Barnes will now be given until 9 November to pay his tax bills before he is
discharged from the bankruptcy order.

The actual amount of the tax debt has not been released but Barnes has
claimed he will be able to pay the bill despite having his contract as Tranmere
Rovers manager terminated earlier this month, the
Daily
Telegraph
reported.

George Castro, John Barnes legal representative, said: “My client is
delighted to announce that the Bankruptcy Order has now been overturned by the
High Court.”

“John Barnes was not and is not insolvent and my client would like to thank
the Official Receiver and the case workers at HMRC for helping to resolve this
unfortunate situation as quickly as possible,” he added.

An Insolvency Services spokesman confirmed the order was rescinded by a court
last Friday adding: “It’s not very common,” for an order to be overturned so
quickly.”

Further reading:

Tax debt forces John Barnes into bankruptcy

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