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29 Jul 2011 05:15 PM
Practising barrister loses battle to overturn Bankruptcy Restrictions Order

News Release issued by the COI News Distribution Service on 29 July 2011

Leeds District Registry, this month dismissed an attempt by Mr Paul Robert Williams, a practising barrister, to overturn a five-year Bankruptcy Restrictions Order (BRO) imposed upon him. The BRO was imposed on Mr Williams following an investigation by The Official Receiver’s Office in Hull, part of The Insolvency Service.

Paul Robert Williams, 44, of York, practising as ‘Paul Williams’, a self-employed criminal barrister, was made bankrupt on 12 November 2009, having presented his own petition.

On Friday 1 April 2011, York County Court made a five-year Bankruptcy Restrictions Order against Mr Williams for neglecting his business affairs. He had also failed to pay a total of £137,692 in respect of self-assessed income tax, national insurance contributions and VAT. These sums had been assessed as being due based on returns previously submitted by Mr Williams. Mr Williams’ actions had materially contributed to his own bankruptcy which resulted in financial losses to all classes of creditors.

The Order was made in Mr Williams’ absence having made an unsuccessful last minute application for an adjournment.

Under the terms of the Bankruptcy Restrictions Order Mr Williams is restricted from acting as a company director without the permission of the court. He must also disclose his bankruptcy restrictions when applying for credit of more than £500, and the name by which he was made bankrupt when seeking to do any business in a different name.

In deciding the length of the restriction, the judge took into the account the period of time that the pattern of neglect had been building up.

Mr Williams was given leave to appeal against the decision not to grant an adjournment of the application for a Bankruptcy Restrictions Order, and against the making of the Bankruptcy Restrictions Order. His appeal was dismissed on 7 July 2011 by the Leeds District Registry of the High Court sitting at York County Court. In addition, an order for was made against Mr Williams.

Ends

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Notes to Editors

1. The Bankruptcy Restrictions Order was imposed in York County Court on 1 April 2011 following inquiries conducted by the Official Receiver’s Office, Hull. 2. The Insolvency Service administers the insolvency regime investigating all compulsory liquidations and individual insolvencies (bankruptcies) through the Official Receiver to establish why they became insolvent. The Service also authorises and regulates the insolvency profession; deals with disqualification of directors in corporate failures; assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees; provides banking and investment services for bankruptcy and liquidation estate funds; and advises ministers and other government departments on insolvency law and practice. Further information about the work of The Insolvency Service is available from http://www.insolvency.gov.uk 3. All public enquiries concerning the affairs of Mr Williams should be directed to the Official Receiver’s Office, Hull: 01482 323729 or hull.or@insolvency.gsi.gov.uk 4. Media enquiries should be directed to: Ade Daramy, Press Officer on 020 7596 6187

Contacts:

Ade Daramy
Phone: 020 7596 6187
ade.daramy@insolvency.gsi.gov.uk