[ENT] Gordon Ramsay’s father-in-law has his bankruptcy extended by four years

Gordon Ramsay’s father-in-law has had his bankruptcy extended by four years because he channelled £328,000 to his wife before it was declared. 

Chris Hutcheson deliberately transferred the money when HMRC started asking him for tax he owed, a court was told.

A judge ordered the extension after learning he gave the proceeds of the sale of his family home to wife Greta just before he declared himself bust and unable to pay bills.

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It is the latest twist in the demise of the 72-year-old who once headed Ramsay’s multi-million international restaurant empire.

Gordon Ramsay and wife Tana

Chris Hutcheson (pictured left), father-in-law of Gordon Ramsay (pictured right with wife Tana) has had his bankruptcy extended by four years because he channelled £328,000 to his wife before it was declared

A judge extended his bankruptcy by four years after learning he gave the proceeds of the sale of his family home to wife Greta, pictured together, just before he declared himself bust and unable to pay bills

A judge extended his bankruptcy by four years after learning he gave the proceeds of the sale of his family home to wife Greta, pictured together, just before he declared himself bust and unable to pay bills

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Hutcheson, of Wrotham, Kent, was given a Bankruptcy Restrictions Order at the High Court by Chief Insolvency and Companies Court Judge Nicholas Briggs, who said some of his evidence was ‘disingenuous’.

The Official Receiver found that Hutcheson had transferred his share of the sale proceeds of his family home in September 2017 amounting to more than £328,000.

Fiona Cushley, Deputy Official Receiver at the Insolvency Service, said: ‘Christopher Hutcheson disposed of his only tangible asset to his wife knowing that this money should be shared amongst all of his creditors.

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‘Christopher Hutcheson was in business for many years and knew how the tax regime works. This transfer only happened after the tax authorities started asking for payment.’

Hutcheson was the former chief executive Gordon Ramsay Holdings Limited and is now banned from running limited companies and must disclose his status when he attempts to secure £500 or more in credit.

He was jailed in 2017 after he was convicted of hacking Ramsay’s computer system following his sacking during an acrimonious public dispute.

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His daughter Tana, Ramsay’s husband, pleaded for her father not to be jailed before he was sentenced to six months in prison for the hacking, which was part of a bitter feud that saw him access information regarding his son-in-law’s intellectual property rights.

He was made bankrupt and it was during this period he is said to have transferred the proceeds of the house sale.

Read From Original Source Here: The State

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