Trustees

Trustee walloped with second costs order

There’s a saying that the margin’s in the mystery. The more complex the offering the easier it is to conceal fees and gouges. And nobody wants to admit they haven’t a clue how the investment they’ve backed nets a dime. Now whilst a trustee in bankruptcy is often of prudent character he or she might consider invoking maxims about margins and mystery when contemplating whether…

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Bankruptcy trustee Louise Thomson vindicated

Veritas Advisory trustee in bankruptcy Louise Thomson has been vindicated by the first disciplinary committee convened under Schedule 2, section 40-45 of the Bankruptcy Act, 1966. In a Decision Committee Report the Committee decided that: i. the Trustee should continue to be registered. 11. suspension, or restriction on the Trustee’s appointments is not appropriate. Iii. public admonishment or reprimand is not appropriate. Iv. a condition…