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Insolvency practitioner sanctions: Marc Justin Landsman 4 April 2023

On 4 April 2023 a Disciplinary Consent Order was made against Marc Justin Landsman FCA

From:
The Insolvency Service
Published
14 July 2023

Applies to England, Scotland and Wales

Documents

Disciplinary Consent Order Marc Justin Landsman

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Details

Summary of complaint:

  1. Between 21 May 2016 and 21 July 2020, Mr Landsman, as Supervisor of the Individual Voluntary Arrangement (IVA) of Mr ‘A’, failed to comply with the fundamental principle of Professional Competence and Due care and/or Professional Behaviour as he failed to send annual progress reports to the IVA creditors in accordance with the Rule 5.31a of the Insolvency Rules 1986 and/or rule 8.28 of the Insolvency (England and Wales) Rules 2016; and/or : Mr Landsman, as Supervisor of the Individual Voluntary Arrangement (IVA) of Mr ‘A’, failed to a report annually on the progress of the IVA to all creditors bound by the arrangement within two months of the end of the anniversary of the commencement of the IVA. Mr Landsman failed to comply with: a) Rule 5.31A of the Insolvency Rules 1986 between 21 May 2016 and 21 July 2016; and/or b) Rule 8.28 of the Insolvency (England and Wales) Rules 2016 between 21 May 2017 and 21 July 2017, 21 May 2018 and 21 July 2018, 21 May 2019 and 21 July 2019, 21 May 2020 and 21 July 2020

  2. In the period between 22 July 2015 to 20 July 2021, Mr Landsman breached the fundamental principle of Professional Competence and Due care and/or Professional Behaviour of the Code of Ethics (Part D) following his appointment as Supervisor of Mr ‘A’s Individual Voluntary Arrangement (IVA) as he failed to adequately progress the IVA and/or arrange for a decision of the creditors to take place to determine the steps to take.

Published 14 July 2023

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