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Yet more OFT report fall out! Accountancy Age are reporting that some Insolvency Practitioners (IPs) are predicting that the imposition of a complaints body (like Cork's Ombudsman) will cause a rise in the costs of administration. See here for the story. An interesting side line argument has also developed from the article on the genesis of R3. See the comments section at the foot of the story. TE Lawrence had dubious parentage according to some reports. He turned out alright, as has R3!
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...