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Regular blog readers will know that I like to try and link current newsworthy events with the world of insolvency. The magnificent performance of TEAM GB at the Olympics is newsworthy at the moment as are the Olympics generally. There is one insolvency and Olympics related story that I have managed to source. The Guardian have an interesting story on US competitor Gabby Douglas. Her mother is facing insolvency proceedings it seems. See here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...