Posts By: louisa

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…

January 2017

ANNOUNCEMENT OF DIVIDEND PAID Case Name: David Harris Type of Insolvency: Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 0.94p in the £ Date Paid: 17 January, 2017

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…

November 2016

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Cranston Construction (Developments) Ltd Type of Insolvency: Administration Class of Creditor: Preferential Amount of Dividend: 91.57p in the £ Date Paid: 1 November, 2016 ANNOUNCEMENT OF DIVIDEND PAID Case Name: Senate International (London) Ltd Type of Insolvency: Administration Class of Creditor: Non-Preferential Amount of Dividend: 100.00p in the £ Date Paid: 1 November, 2016 ANNOUNCEMENT OF DIVIDEND PAID Case…

Griffins expands its operations with a third office

Griffins the specialist insolvency, litigation and forensics firm has teamed up with Ned Ailyan of Abbott Fielding in Kent to increase their capacity in conducting claims-based insolvency in the UK. Stephen Hunt said “It’s great to be working with Ned who has a great deal of experience in the sectors where we currently have a…

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…

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…