Posts Categorized: Featured

Struck-off solicitor imprisoned for one year

On 31 January 2017 Jeffrey Peter Lygoe, a struck-off solicitor who was made bankrupt on 28 May 2012 following a petition presented by The Law Society for outstanding liabilities, was sentenced to 12 months’ immediate imprisonment. This followed his pleading guilty under S357 of the Insolvency Act 1986 to the fraudulent disposal of property. Stephen…

The Future of Bonding

The common meaning of bonding is ‘to bring together’, which is an interpretation in short supply when considering how the Insolvency Service views the current position on bonding arrangements for insolvency practitioners (IPs). In its recently closed consultation[1] in this area it painted a picture of a failing bonding system with much of the blame…

Struck-off solicitor imprisoned for one year

On 31 January 2017 Jeffrey Peter Lygoe, a struck-off solicitor who was made bankrupt on 28 May 2012 following a petition presented by The Law Society for outstanding liabilities, was sentenced to 12 months’ immediate imprisonment. This followed his pleading guilty under S357 of the Insolvency Act 1986 to the fraudulent disposal of property. Stephen…

Fraud conviction and 2 year prison sentence for former insolvency practitioner

Fraud conviction and 2 year prison sentence for former insolvency practitioner   In late 2011 Griffins Insolvency Litigation and Forensics were called in by Institute of Chartered Accountants in England and Wales (ICAEW) to investigate the conduct of William Evan Price, a former insolvency practitioner from South Wales.  On being appointed there were no records or…