tag:blogger.com,1999:blog-6391476958230949091.post7975700540773348696..comments2023-11-23T09:33:35.025+00:00Comments on Bankruptcy, Insolvency and Corporate Rescue: Bankruptcy Tourism and Medicon Limited - a reverse Delaware effect - is it any more or less desirable?Dr. John Tribe, Senior Lecturer in Law, University of Liverpoolhttp://www.blogger.com/profile/01467980377830600284noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6391476958230949091.post-5805218450056039512012-03-09T20:11:41.872+00:002012-03-09T20:11:41.872+00:00Here are a few more juicy cases for bankruptcy tou...Here are a few more juicy cases for bankruptcy tourists in the UK:<br /><br />Official Receiver v Hiwa Huck [2011] BPIR 709<br /><br />Re Körffer; Sparkasse Hannover v The Official Receiver and Körffer [2011] BPIR 775<br /><br />Re Eichler (A Bankrupt) (No 2); Steinhardt v Eichler [2011] BPIR 1293, (Chief Registrar Baister, 30 June 2011 and 27 July 2011)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6391476958230949091.post-79823645205465082752011-02-04T20:45:29.601+00:002011-02-04T20:45:29.601+00:00A bankrupt suffers 7 years in germany until he pos...A bankrupt suffers 7 years in germany until he possibly gets his discharge.One of the main benefits of a free EC is, that their citizens may buy cars in other countries, work in other countries.<br />Why should they not take the benefit to get a much quicker discharge from debts in other countries? Does anyone really believes, that a bankrupt will repay his debts in 7 years? After 1 year, he will be free and will proceed with business, pay taxes again and dont have to suffer because of earlier mistakes.<br />If i would have debts, i surely would take the advantage.I think, the described Medicon Ltd. is doing a great job.It is an example of a living EC.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6391476958230949091.post-49496478039181278572011-01-18T12:24:21.242+00:002011-01-18T12:24:21.242+00:00Dear Mr. Tribe,
I would like to bring your attent...Dear Mr. Tribe,<br /><br />I would like to bring your attention to a paper entitled “Bankruptcy Tourism under the EC Regulation on Insolvency Proceedings: A View from England and Wales” produced by Mr. Adrian Walters and Mr. Anton Smith. This paper can be downloaded here: http://www.ntu.ac.uk/PSS/Nottingham%20Law%20School/Publications/99914.pdf<br /><br />I think you should expand the list of cases related to “UK bankruptcy tourism” and include Hagemeister, Re (A Bankrupt) and Others [2010] BPIR 1093. This case has been mentioned in the paper above before it’s publication in BPIR as one of the paper authors (Mr. Anton Smith) acted for one of the parties involved in the case.<br /><br />Kind Regards,<br /><br />Andrey Smolenko<br />smolenko@yahoo.co.ukAnonymousnoreply@blogger.com