Business · Companies · 5 hrs ago

Tim Jefferies faces new bankruptcy proceedings

Tim Jefferies faces new bankruptcy proceedings

London gallery owner Tim Jefferies faces new bankruptcy proceedings brought by a Liechtenstein firm.

The firm is part of Crowe Global, a multinational financial services group.

The case is a new challenge for Jefferies, who faced a separate bankruptcy petition from HMRC in 2024.

That earlier petition came while he owned Hamiltons Gallery in Mayfair, London.

The gallery reported reserves of £76,000 this year, according to the story.

Jefferies has since moved from a £7.7 million home in Notting Hill to Hammersmith.

His lawyer says the court action will be resolved, but no further details about the case or its outcome are given.

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via Daily Mail