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We have touched on the world of Smiley and John Le Carre's excellent books on this blog in the past (see here). Whilst reading "A Call for the Dead" I recently came across another Le Carre reference that touches on our world or at least the connected world of naughtiness in company law. Whilst describing Inspector Mendel's qualities as a policeman Le Carre notes, "...Mendel saw what he had been waiting for: the stealthy act of a common criminal [Dieter Frey]...To Mendel there was only one criminal class, from pickpocket and sneakthief to the big operator tampering with company law; they were outside the law and its was his distasteful but necessary vocation to remove them to safe keeping." Great stuff from the world's number one thriller writer!
Elsewhere, Chief Registrar Baister has followed up the recent KPMG 'Thought Leadership' event with an interesting article in Accountancy Age. Registrar Baister's article focuses on the mooted bankruptcy and winding up petition reforms. The consultation closes at the end of the month. Please also see Nick Howard's interesting article here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...