Insolvency practitioner sanctions: Michael Reeves and Adam Boys 17 June 2026
On 17 June 2026 a Disciplinary Consent Order was made against Michael Reeves and Adam Boys of Bolton
Applies to England, Scotland and Wales
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An Order has been made in relation an allegation that Messrs Reeves and Boys, in their role as joint nominees of a proposed Individual Voluntary Arrangement (IVA), breached the Fundamental Principle of Professional Competence and Due Care of the Insolvency Code of Ethics when they issued proposals to creditors with an incorrect estimated outcome statement.
Accordingly, Messrs Reeves and Boys were found liable to disciplinary action under the IPA’s Articles of Association.