Insolvency practitioner sanctions: Donald McKinnon 26 June 2025
On 26 June 2025 a Disciplinary Consent Order was made against Donald McKinnon of Glasgow,
Applies to England, Scotland and Wales
Documents
Details
An Order has been made in relation to a complaint that Mr McKinnon;
- breached the Fundamental Principle of Professional Competence and Due Care of the Insolvency Code of Ethics when he failed to undertake proportionate investigations into the affairs of three companies in breach of paragraph 4a of Statement of Insolvency Practice (‘SIP’) 2 and failed to document his assessments, investigations, and conclusions in respect of his investigations into the affairs of three companies in breach of paragraph 18 of SIP 2.
- breached the Fundamental Principle of Professional Behaviour of the Insolvency Code of Ethics when he took almost five years to issue a dividend to creditors.
Accordingly, Mr McKinnon was found liable to disciplinary action under the IPA’s Articles of Association.