Insolvency practitioner sanctions: Ian Millington and Dylan Quail 19 October 2022
On 19 October 2022 a Disciplinary Consent Order was made against Ian Millington and Dylan Quail of Hanover Insolvency
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This Order is made in relation to a complaint that Mr Millington and Mr Quail in their role as joint supervisors of an Individual Voluntary Arrangement (‘IVA’) breached paragraph 13 of Statement of Insolvency Practice 3.1 when they:
- Failed to provide the Debtor with appropriate advice.
- Failed to ensure that the Debtor had sufficient understanding of the IVA process.
- Failed to obtain sufficient information to assess an IVA as a solution.
- Failed to undertake proportionate investigations into, and verification of, the Debtor’s liabilities.
Accordingly, Mr Millington and Mr Quail were found liable to disciplinary action under the IPA’s Articles of Association.