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The Irish Independent has published an article entitled, "Number of insolvent businesses will top 1,400 by end of the year." The piece makes interesting comparative reading, not least because of the suggestion that bargain hunters will be picking over the bones of troubled businesses. In terms of outcomes this is one angle that is perhaps seldom considered by policy makers.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...