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The idea of Britain as a bankruptcy brothel has been mentioned on this blog before. The Times newspaper have now picked up on the story with a piece entitled: "Firms flock to 'bankruptcy brothel' UK" The piece makes interesting reading in itself, but also because of the IP critical comment which follows the piece. The Mail have also done a piece on the trend of insolvency forum shopping. See here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...