Kevin Maxwell

Kevin Francis Herbert Maxwell (born 1959) is a British businessman, son of Robert Maxwell and brother of Ian Maxwell.[1]

Educated at Oxford University,[1] Maxwell spent most of his working life before 1991 employed by his father. Following the collapse of Robert Maxwell's Mirror Group media empire he became the biggest personal bankrupt in UK history with debts of £406.5 million in 1992.[2] He was later tried and acquitted of fraud arising from his role in his father's companies.[3]

The bankruptcy was lifted three years later, and he was a director of media company Telemonde, which has since failed.[4] He married Pandora in 1984 and they once lived in a manor house in 10 acres (40,000 m2) of land in Oxfordshire. They had seven children but separated in 2007. He has since entered into a further arrangement over debts he accrued subsequently, which is close to ending. As a result of an Insolvency Service investigation into the collapse of Syncro, a Manchester based construction company, Maxwell was on 8 July 2011 disqualified from being a company director for eight years.[5]

After his discharge from bankruptcy in 2005, Maxwell went into the property industry where he has been involved in setting up large property deals, including the sale of Earls Court Exhibition Centre and Olympia, and the purchase of Stables Market in Camden Town.[6] He now lives in Oxford.

See also

References

  1. ^ a b "Kevin and Ian Maxwell". BBC News Online (BBC). 2001-03-29. http://news.bbc.co.uk/1/hi/business/1220335.stm. 
  2. ^ 'Slicker' (2009-08-21). "In the City". Private Eye (Pressdram Ltd): pp. 31. 
  3. ^ "Q&A: What does the Maxwell report mean?". BBC News Online (BBC). 2001-03-30. http://news.bbc.co.uk/1/hi/business/1251147.stm. 
  4. ^ Nicola Woolcock (2001-06-25). "The family's changing fortunes". telegraph.co.uk (Telegraph). http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2001/03/31/nmax431.xml. 
  5. ^ Spence, Alex (9 July 2011). "Kevin Maxwell disqualified as a director for eight years". The Times. p. 49. 
  6. ^ Laura Chesters, "The Fixer", Property Week, 29 August 2008, p. 22-24.

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