German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found Wednesday he had done 'all that he reasonably could do' to repay creditors tens of millions of dollars. Becker fell far short of repaying his creditors nearly $62.5 million he owed, but Chief Insolvency and Companies Court Judge Nicholas Briggs said it would be 'perverse' not to end the case given the efforts Becker made.
Becker, 56, was deported to Germany two years ago after serving 8 months in a London prison for illicitly transferring large amounts of money and hiding $3.1 million in assets after he was declared bankrupt in 2017. He had been convicted in a London court on four charges under the Insolvency Act, including removal of property, concealing debt and two counts of failing to disclose estate.
Becker blamed laziness and bad advice for his financial problems that led him to declare bankruptcy after owing creditors nearly $62.5 million over an unpaid loan of more than $3.75 million on his estate in Mallorca, Spain. Attorney Katie Longstaff said at a High Court hearing last month that the joint trustees did not oppose his effort to end the case but did not support it because he still owed about $52.5 million.
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