The Daily Stat: Bankruptcy Shoppers Find UK a Pleasant Haven

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile AUGUST 30, 2011 Bankruptcy Shoppers Find UK a Pleasant Haven Of 200 foreign nationals filing for personal bankruptcy in the UK during a recent two-year period, the majority were Germans and many showed no evidence of having really moved to the UK, suggesting that Germans and other Europeans are shopping for favorable bankruptcy rules. A "quiet invasion" of Germans petitioning for bankruptcy has targeted England and Wales in particular, because of regulations allowing for complete and rapid discharge of personal debts, say Adrian Walters of Nottingham Law School and Anton Smith of the law firm Geldards, both in the UK. Source: "Bankruptcy Tourism" under the EC Regulation on Insolvency Proceedings: A View from England and Wales Share Today's Stat: FEATURED PRODUCT How to Make Your Case in 30 Seconds or Less Newsletter Reprint If you ran into Warren Buffet on the street, would you know what to say? Having an "elevator speech" ready to go at a moment's notice will enable you to make the most of once-in-a-lifetime communication opportunities. The elevator pitch gets its name from the 30-second opportunity to tell—and sell—your story during a short elevator ride. Thirty seconds is also the typical amount of time you get to capture someone's attention. The purpose of an elevator speech is not to close a deal, but to pique your listener's attention enough to agree to move to the next level of commitment. And it's not just for funding requests—job interviews, networking events, PR opportunities, presentations to executives, and sales all demand the ability to deliver a quick and concise explanation of your case. Here, we present eight tips for being prepared with a winning pitch. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS Rising Wages Plus Falling Cost of Leisure Equals Increased Retirement Disagreeable Men Earn More Than Nice Guys E-Readers Gain Ground Slowly in College Unlike Computer Prices, Broadband Prices Hardly Fall 15% of IT Change Projects Are Huge Money Sinks A Web Break Makes People More Productive Gay Men Earn Less, But Their Households Earn More Compulsive Web Use Hurts Marriages, but Frequent Webbing Helps Marriages Apologize or Thank? It Depends on Your Culture High Taxes Keep Good NBA Players Away Free HBR Interactive issue Download the iPad app HBR Reads, and get your issue with audio and video interviews and multimedia slideshows. Learn more » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2011 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)