The biggest bankrupt ever? (in a monetary sense!)

03 AUG 2009

A story in the Sunday Telegraph has put a question in my mind: who is the largest bankrupt ever? The story relates to the collapse of Icelandic banks. It notes:

"...he has been declared bankrupt with debts of almost £500m (96bn Icelandic krona) − far outstripping any personal insolvency ever seen in the UK.

Mr Gudmundsson's liabilities are even greater than the £405m debts that weighed down Kevin Maxwell, son of Robert Maxwell, who is Britain's biggest bankrupt."

Does anyone have any other figures for top end bankruptcy levels? We can get a table going here.

Bankruptcy and Personal Insolvency Reports

Bankruptcy and Personal Insolvency Reports

"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...

More Info from £166.00
Available in Insolvency Law Online
Individual Voluntary Arrangements

Individual Voluntary Arrangements

"This is the ultimate statement of where the law on IVAs is to be found in our great common law...

Available in Insolvency Law Online