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  • #1

    Hull ‘bankruptcy tourism’ company crashes

    Hull

    This is a duplicate of the Blog Entry made on 7th February 2014 20:27.

    Hull-based legal firm Lovell Hill & Co LLP (

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    Tags: bankruptcy, business, comi, crashes, cross, debt, europe, firm, help, hull, ireland, legal, legislation, llp, lovell hill, mat, people, size
  • #2
    Re: Hull

    I wonder why German BR legislation means that it takes seven years to be discharged not one year like the UK. Isn't Germany in the EU so all 'legal stuff' should be compatible? I clearly know nothing about BR but this story intrigues me.

    Anyone who understands cross-border legislation please fill me in

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    • #3
      Re: Hull

      It's all to do with your registered COMI - this might help explain (Ireland was/is 12yrs)!

      --> http://www.mb-i.co.uk/bankruptcy_in_europe.html
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      • #4
        Re: Hull

        It really was just another clever ploy for people who can afford the dodges, however although the firm itself was wound up it won't be long before the people in the know are "consulting" to others on such matters, its just business.




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