The Insolvency Practitioners Association (IPA) said a Disciplinary Consent Order was made against Kenneth Pattullo on 14 April 2026 following a complaint concerning his conduct as trustee of a bankruptcy estate.

The complaint found that Pattullo breached the Fundamental Principle of Professional Competence and Due Care under the Insolvency Code of Ethics by selling the debtor’s property to an individual who was a Commissioner, contrary to Section 109(11) of the Bankruptcy (Scotland) Act 2016.

As a result, he was found liable to disciplinary action under the IPA’s Articles of Association.

The disciplinary committee classified the misconduct as falling within the “very serious” category under the Common Sanctions Guidance, where the starting point for sanctions is a fine of £7,500 and potential exclusion from practice.

In determining the penalty, the committee found there were no mitigating factors but identified several aggravating factors. These included warnings from agents at the outset about a potential conflict of interest, Pattullo’s assertion that the matter had been remedied at his firm’s expense, which the committee said suggested a lack of understanding of the seriousness of the issue, and the potential impact of the misconduct on public confidence.

Despite the seriousness of the breach, the committee concluded that exclusion from practice would not be proportionate because it was an isolated incident.

Instead, Pattullo was issued with a severe reprimand and fined £10,000.