Katie Price’s revenue from TikTok suspended, choose guidelines
Katie Price‘s income from TikTok will be suspended as part of efforts to pay off money owed under her two bankruptcies, a judge today ruled.
The hearing comes just one week after she was arrested at Heathrow Airport.
The former glamour model, 46, was bailed after being arrested as she returned from undergoing a £10,000 facelift in Turkey.
Price had been declared bankrupt in November 2019 and again in March this year.
On Monday, Insolvency and Companies Court Judge Catherine Burton said it was ‘appropriate’ to order the ‘suspension of further payments’ to Price from TikTok until a solution could be found.
Katie Price’s income from TikTok has been suspended, a judge ruled
It comes just days after the former glamour model was arrested at Heathrow Airport
Price was not in attendance at the remote hearing and was not represented.
The 46-year-old is due to appear in court to be quizzed over her finances later this month.
In February, a judge ruled Price must pay back 40 per cent of her monthly income from Only Fans until February 2027.
Barrister Darragh Connell, representing the trustee of her bankruptcies, told the court at the time that Price previously reached a voluntary agreement over her debts.
However, he said she had failed to pay the agreed figures.
In July, the order was extended to cover eight more companies from which Price gained income.
Barristers for the trustee of her bankruptcies had also previously asked for the order to be extended to cover TikTok, but lawyers for the platform said that while it did not oppose the move, it could not consent to it due to the mechanisms of how content creators are paid.
Today the barrister said that ‘while some progress has been made’, investigations were ongoing as to how TikTok could comply with the order.
They instead asked the court for a hold to be put on Price’s two ‘wallets’ through which she is paid money from the platform.
Mr Connell added there was a ‘real concern’ that there could be ‘potentially substantial sums flowing’ to Price from TikTok.
He added that if that were the case the trustee would not ‘be in a position to easily recover’ money without the suspension.
Lauren Kreamer, representing TikTok, previously said in written submissions that the platform had paid Price £84,000 for a three-month ‘agreement’ in which she would ‘create e-commerce content for use by TikTok in its campaigns’, which had now ended.
She said that fee had been paid ‘along with a sum of £9,989.92 and for much smaller payments, ranging from £18.99 to £277.49’.
It was believed represented ‘commissions’ generated by third parties making purchases through the platform, Ms Kreamer said.
On Monday, she told the court the company was ‘endeavouring to comply’ with the order and that it was not attempting to be ‘obstructive or difficult’ through the delay.
Price is due to appear in court on August 27 and has been told she must attend with ‘no ifs or buts’.
