Transparency data

Insolvency practitioner sanctions: Mark Allen 10 April 2015

This publication was withdrawn on 23 August 2016

No longer current

On 10 April a disciplinary consent order was made against Mark Allen of Northern Ireland

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Two debtors complained that Mr Allen, in his role as Supervisor of their IVAs, breached the fundamental principle of professional competence and due care by:

  • failing to take action to realise or deal with the debtors’ equity during year 4 of one IVA and within a reasonable timescale with regards to the other IVA;

  • taking an unreasonable length of time to close the debtors’ IVAs.