Adviser receives maximum 15-year bankruptcy restriction

Stephen Benjamin James Todd had offered a disqualification undertaking on 8 October 2012 not to act as a director nor directly or indirectly act as a receiver of a company's property as a consequence of his previous conduct as a director of a company in liquidation, The Insolvency Service said. Acting in the management of IPR Capital Limited, Todd's following misconduct occurred in periods between 2013 and 2 February 2015. IPR went into provisional liquidation on 2 February 2015 and then liquidation on 1 April 2015 with liabilities of over £10m. Todd failed to disclose his income from...