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by Patrick Donnelly (Author)
Legalised Robbery: How Insolvency Practitioners Stole Britain's Future is a no-holds-barred expos? of the UK's broken insolvency system and a rallying cry for change. Drawing on my decade of experience advising over 1,000 businesses and witnessing the devastation wreaked by a profit-driven industry, this book reveals how insolvency practitioners (IPs) have turned what should be a safety net for struggling businesses into a predatory money-making machine.
I take you inside the dark heart of the system, where directors are misled, creditors are short-changed, and IPs profit from dismantling companies that could have been saved. With their aggressive tactics, bloated fees, and unchecked power, IPs not only destroy businesses but also crush the spirit of entrepreneurship, leaving the UK weaker, less innovative, and economically stagnant.
Through personal stories, shocking case studies, and deep dives into the history and mechanics of insolvency law, I expose how IPs have exploited legislative loopholes and built an ecosystem of accountants, lawyers, and policymakers that feeds their greed. But this book isn't just about uncovering the problem-it's about fighting back. I offer practical advice for directors, highlight alternatives to formal insolvency, and call for bold reforms to create a fairer, more supportive system.
This book is for every entrepreneur who has been vilified for daring to take risks, every family impacted by unnecessary insolvency, and every reader who believes in the power of British business. It's time to reclaim the future from the hands of a broken industry. Join me in challenging the biggest criminals of all.
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