Friday, 9 July 2010

Ombudsman will cause insolvency costs to rise and R3 parentage doubtful?!

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 (pictured) had dubious parentage according to some reports. He turned out alright, as has R3!

Picture Credit: http://trueclassics.files.wordpress.com/2010/02/peter-otoole-lawrence-of-arabia-c10103933.jpeg

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