Former boxer Chris Eubank has won his fight with the taxman.
HM Customs and Excise issued the former world middle-weight champion with a bankruptcy petition in May, claiming he owed thousands of pounds of unpaid VAT.
But the petition was dismissed yesterday by the High Court in London.
Hove-based Eubank and his associates have always denied he had any serious money problems.
Last night, he said he was not surprised the petition had been dropped.
He said: "This was a misunderstanding, which led to a waste of everybody's time. It was all down to Chinese whispers."
Customs commissioners based in Liverpool issued the petition against Eubank on May 6.
Eubank's occupation is described as unknown but he trades from his home in The Upper Drive.
Solicitors DLA, acting on behalf of Customs and Excise, yesterday declined to comment on the case.
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