Daily Washington Insider
  • Business
  • World
  • Science
  • Investing

Daily Washington Insider

  • Business
  • World
  • Science
  • Investing
Science

Katie Price’s TikTok income to be suspended – as she fails to attend latest bankruptcy hearing

by admin August 19, 2024
August 19, 2024
Katie Price’s TikTok income to be suspended – as she fails to attend latest bankruptcy hearing

Katie Price’s TikTok income is to be suspended, amid ongoing measures to resolve a bankruptcy case against her, a court has ruled.

The 46-year-old glamour model – who was introduced using her legal name Katerina Price – did not attend the virtual hearing despite being served notice at her given addresses.

Several hours before the hearing, Price posted on TikTok to say she would be live on the platform later that evening.

Proceedings were overseen by Insolvency and Companies Court Judge Catherine Burton, with lawyer Darragh Connell representing the trustees, and lawyer Lauren Kreamer representing TikTok.

Mr Connell said while there had been “some progress made” in the case, he was concerned payments to Price via the social media site had been made without the knowledge of the trustees.

He told the court that payments totalling £95,000 had been paid by TikTok to Price between March and May this year.

He also said there had been some discussion as to whether TikTok should divert 100% of Price’s earnings via the site to the bankruptcy trustees.

He requested that TikTok suspend payments to Price until the details of the bankruptcy payments were resolved.

Ms Kreamer told the court TikTok “wished to comply” with the ruling, and was “not being obstructive or difficult”.

However, she said there would be some delay while TikTok investigated whether the company algorithm was able to divert part or all of a content creator’s payment.

Concluding the hearing, Judge Burton confirmed that the court ruled in favour of a stay of payments to Price, ahead of an agreed percentage of Price’s TikTok earnings being diverted to trustees. She said this would be subject to the company confirming this was achievable.

Price’s next bankruptcy hearing is scheduled to take place at the Rolls Building on Tuesday 27 August. She is currently due to attend in person but may apply to appear remotely.

At the end of July, Price was arrested at Heathrow Airport over a missed bankruptcy hearing.

She had been returning from Turkey where she had been undergoing cosmetic surgery.

She appeared in court the following week where she was told by Judge Burton that she must attend future court hearings “no ifs, no buts, no holidays”.

Price was declared bankrupt in March due to an unpaid tax bill worth more than £750,000.

Sky News has approached Price for comment.

This post appeared first on sky.com

0
FacebookTwitterGoogle +Pinterest
previous post
New Seismic Studies Upgrade Raya Prospect
next post
Rare blue supermoon will appear in skies tonight – what is it?

You may also like

Elon Musk on track to be the first...

September 9, 2024

TikTok ban in US moves a step closer

April 24, 2024

How parents and teenagers can tackle ‘sextortion’ as...

October 26, 2024

Taylor Swift’s The Tortured Poets Department streamed more...

April 21, 2024

Still no snow on Mount Fuji, forecasters say...

October 29, 2024

Tickets to outer space go on sale in...

October 24, 2024

TikTok could be banned in US after House...

April 21, 2024

Surgeon removes large brain tumours through patients’ eyebrows...

October 25, 2024

Apple reports biggest drop in iPhone sales since...

May 3, 2024

US authorities considering breaking up Google – reports

August 14, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Hong Kong plans to install thousands of surveillance cameras. Critics say it’s...

    • 2

      UN experts urge Thailand not to deport dozens of Uyghurs to China where they face ‘real risk of torture’

    • 3

      Trump has assembled a team of China hawks. How will Beijing respond?

    • 4

      China executes man who plowed car into crowds in deadliest attack in a decade

    • 5

      How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

    Categories

    • Business (1,361)
    • Investing (3,999)
    • Science (605)
    • World (3,677)
    Footer Logo

    Disclaimer: dailywashingtoninsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 dailywashingtoninsider.com | All Rights Reserved