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Code of Ethics and Professional Conduct for insolvency practitioners published — The Business Picture

The Insolvency and Receivership Service within the Malta Business Registry has just published the Code of Ethics and Professional Conduct for Insolvency Practitioners. This Code defines the requirements of professional conduct for insolvency practitioners, with the purpose of safeguarding the standing of their profession, continuously updating it and to create a uniform set of rules…

Former Scotland and Premier League star declared bankrupt after racking up debts of more than £2.5m

Former Scotland international James McFadden has been declared bankrupt after accumulating debts totalling more than £2.5million. The 42-year-old, who currently works as a pundit for Sky Sports, submitted a voluntary bankruptcy application after his outstanding liabilities reached £2,594,192. McFadden’s insolvency comes seven years after he narrowly escaped a similar financial collapse, having failed to clear…