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Whilst further comments about Britain becoming a bankruptcy brothel get reported in the press, I can report that one of our bankruptcy bloggers, Professor Emily Kadens, University of Texas at Austin School of Law, has given a talk at Duke University on the history of bankruptcy. The talk can be seen here. The title of the talk was "The Last Bankrupt Hanged: Capital Punishment for Bankruptcy in 18th Century England".
"This lecture frames the history of the Anglo-American bankruptcy tradition as a search for solutions to the basic problem: how to obtain the assistance of the debtor in his financial dismantling. Sponsored by the Law & History Society, the Duke Law Journal, the Business Law Society, and the Women Law Students Association."
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...