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Links for July 29th through August 2nd

by Mel Starrs on August 4, 2010

in News

These are my links for July 29th through August 2nd:

  • You’re not bullet proof | Magazine Comment | Building – [Paywall] Great article on LLP: "However, in the event of an LLP going into administration, the partners are likely to lose their capital contributions. Other liabilities are paid out first: mortgages, liquidation fees, employees’ wages for the four months prior to the date of the insolvency order, occupational pension schemes and general unsecured creditors.<br />
    If the partners introduced money as capital, their claim comes after the unsecured creditors. If they introduced the money as debt, they would be treated as unsecured creditors in respect of this money, along with the other unsecured creditors. The partners would also be unsecured creditors in respect of any profits due to them."
  • House 2.0: Why are we saving water? – "There are two very simple ways of achieving this goal, and one very complicated one. The simple ways are to 1) charge the right amount for the water and 2) insist that appliances sold should meet defined efficiency standards. The complicated way is what Part G is now insisting on. Which is to try and regulate the end user behaviour by making them purchase water efficient appliances when they are building a new house.<br />
    The problems with this approach are numerous. Firstly, it only applies to new homes. Thus regular power showers will still be available from stores, but you will only be able to buy them if you want to replace an existing bathroom. Can you imagine how infuriating that will be to people building a new home? …<br />
    So what will happen? People will get their eco-shower heads passed by the building inspector, and then rip them out and put in the power showers… Nothing illegal about this at all. It’s just what happens when you make unenforceable regulations like this."