A former music manager has been adjudicated bankrupt by a court after offering to pay £1.35 million to a bank he owes almost £2.6 million to.
Sam Alder argued Lloyds Bank International was being unreasonable when it turned down the offer - in 2013 he'd been ordered by a court to repay the cash.
High Bailiff John Needham said Mr Alder had made the offer on the first day of an adjudication hearing, and had liabilities totalling £6 million.
He found in favour of the bank and said Mr Alder was bankrupt.
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