News ·

UB40 Declared Bankrupt By Court

UB40 Declared Bankrupt By Court

A British judge has declared reggae outfit UB40 bankrupt in a Birmingham County Court, according to reports from NME. The court order apparently lasts for 12 months and means that officials could potentially seize property to make up for the band's debts. This news comes after the group already saw their record label and management company fail in the past few years.

As UB40 fans likely know, the order only applies to four of the group's members as former frontman Ali Campbell quit the band in 2008 over a financial dispute. Looks like he made the right move. He said the following in a statement regarding his former band's woes: "This is the very reason why I left the band. This was my biggest fear when I was with them, that bankruptcy was going to happen and no one can say I didn't warn them."

Wilco - Watch: Wilco Performs For NPR's 'Tiny Desk' Series Phoenix Watch Phoenix's 'From A Mess To The Masses' Documentary
Sponsored Content
Tags
UB40

Find us on Facebook

Latest Comments

    Recommended