Good News: A tennis legend, got away from bankruptcy court due to…

Two years ago, Boris Becker was deported to Germany following his eight-month prison sentence in London for moving substantial sums of money illegally.

The legendary German tennis player Boris Becker was released from bankruptcy court in London on Wednesday, following a judge’s ruling that he had fulfilled his obligation to repay creditors for tens of millions of pounds. Despite Becker’s significant failure to pay his creditors the approximately 50 million pounds (62.5 million dollars) he owed, Chief Insolvency and Companies Court Judge Nicholas Briggs stated that considering Becker’s efforts, it would be “perverse” to continue the case.

“Mr. Becker clearly falls on the right side of the line on the spectrum of bankrupts who range from ‘difficult as possible and doing everything to frustrate the trustee’s inquiries’ to ‘co-operative, providing information and delivering up assets,'” Briggs said.
Becker, 56, was declared bankrupt in 2017 and spent eight months in a London prison for transferring huge sums of money illegally and concealing assets worth 2.5 million pounds (3.1 million dollars). Two years ago, he was deported to Germany.

Four accusations under the Insolvency Act, including removal of property, hiding debt, and two instances of failing to disclose estate, had led to his conviction in a London court. He was found not guilty on 25 other counts, which included nine counts of neglecting to give bankruptcy trustees his Olympic gold medal and Grand Slam trophies.

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