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We have noted on the blog before how Private Eye occasionally covers insolvency related issues. The most recent edition (Issue No: 1317, pp.33-34) has focused on the Insolvency Service's (IS) handling of the Farepak directors disqualification proceedings and Mr Justice Smith's damming judgment on the IS. The coverage is well worth a read but will make uncomfortable reading for the IS.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...