Insolvency practitioner sanctions: Matthew Hoy 16 April 2025
on 16 April 2025 a Regulatory Penalty was made against Matthew Hoy of Southampton
Applies to England, Scotland and Wales
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This is for failing on a bankruptcy to:
• obtain a valuation for three properties, although a Law of Property Act Receiver was subsequently appointed to one of them;
• obtain insurance on two properties for more than 17 months and failing in the meantime to determine whether the properties were already insured;
• not place restrictions on the properties until more than seven months following appointment.