Personal insolvency practitioner ordered to pay legal costs after misleading court
A personal insolvency practitioner has been ordered to pay legal costs after providing misleading information about his client in the first ruling of its kind.
Mr Justice Denis McDonald, sitting in the High Court, made a full costs order against practitioner Daniel Rule of McCambridge Duffy, The Irish Times reports.
The judge said Mr Rule had written affidavits suggesting he had verified his debtor’s income in line with personal insolvency protocol when he had not.
The case marks the first time a personal insolvency practitioner has been penalised with a costs order in connection with their conduct during a personal insolvent arrangement application.
Mr Justice McDonald ordered Mr Rule to pay €6,000 to Tanager DAC, who objected to the arrangement.
The sum, which the judge said should not be taken to set a precedent for future cases, is equivalent to two-thirds of the fee Mr Rule would have earned if the arrangement had been successful.