If you click on a link and make a purchase we may receive a small commission. Learn more.

Did He Fall Or Was He Trip? (Part Two!)


You might recollect that back, way back, in the mists of of the mid-Naughties, former Electronic Arts founder Trip Hawkins (a legend of the industry, in no small measure) got into some trouble over tax stuff related to his time at that company. He's attempted to make it all go away by filing personal bankruptcy, but Forbes reports that this hasn't worked:

In a stinging 16-page opinion this week, US. District Judge Jeffrey S. White upheld an earlier bankruptcy-court ruling, saying Hawkins knew he was insolvent after the Internal Revenue Service disallowed his tax shelters but “continued to spend money extravagantly with knowledge of his tax liabilities” to the IRS and the California Franchise Tax Board. “Hawkins planned to defeat his taxes via bankruptcy and continue living the lifestyle to which he had grown accustomed,” the judge declared. Cited evidence included purchase of a $70,000 car–the fourth vehicle in a two-driver household.

Oops. [I actually only ran this story so we could use that headline again. Sorry.]

Tagged With

Join the Rock Paper Shotgun supporter program

Sign up today and get access to more articles like these, an ad-free reading experience, free gifts, and help us create more great writing about PC games.

See more information

Comments

We love having a friendly, positive and constructive community - you lot are great - and we want to keep it like that. Our main commenting rule is "be excellent to each other". Please see our code of conduct, where you can find out what "be excellent" means. TL;DR? Respect others, think before you post, and be prepared for puns.

More News

Latest Articles

We've been talking, and we think that you should wear clothes

Total coincidence, but we sell some clothes

Rock Paper Shotgun Merch