Legal News

Insolvency Service announces director banned for ten years after BBL abuse

Published on: 09 November 2022
Published by LNB News

LNB News 09/11/2022

Document Information

Issue Date: 09 November 2022

Published Date: 09 November 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Insolvency Service has disqualified Simon Paul Inglis King, aged 65, for ten years, effective from 7 November 2022, after he claimed a total of £80,000 bounce back loans (BBL) for his business—£30,000 more than the maximum allowed by the scheme. His ban is in addition to an existing five year bankruptcy restriction also for BBL abuse.

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