It now faces bankruptcy. Why? Because one of its major donors was not on the electoral roll for the year the donation was given. He had been on the roll for years. The Court of Appeal demanded UKIP should be fined, and all up faces a bill of £750,000 including legal fees.
The Liberal Democrats received a major donation from a gentleman found guilty on a £10 million fraud charge, and has been excused.
The whole story is on BBC reporter Michael Crick's blog, with Christopher Booker in the Sunday Telegraph also expressing concern that if UKIP is forced under, it will only benefit the Tories and the BNP (the latter becoming the next possible location for some anti-EU votes to go).
I don't have much time for UKIP, as it is no pro-freedom party, but it does provide an outlet for an important point of view - that the UK's EU membership is largely a one-way street of benefits. It would be rather scandalous if UKIP is shut down months out from a general election.