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.
Council announces final dates for garden waste collection
Manx Utilities hopes sewer cleaning means end of odour problems
What's being done to tackle crash blackspots?
New TT schedule will be reviewed on yearly basis
No successful driving theory test appeals in past 10 years
Steam Packet announces tomorrow morning's sailings will go on time
Firefighter to raise money by wearing full gear in fitness competition
