Insolvency practitioner sanctions: Laura Prescott 2 July 2020
On 2 July 2020 a disciplinary consent order was made against Laura Prescott, of Freeman Jones
Documents
Details
This Order is made in relation to a complaint that Ms Prescott, in her role as supervisor of an Individual Voluntary Arrangement (IVA), breached the Fundamental Principle of Professional Competence and Due Care when she failed to correctly advice the debtor about outstanding contributions which resulted in an unnecessary delay in concluding the IVA.
Accordingly, Ms Prescott was found liable to disciplinary action under the IPA’s Articles of Association.