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The main clients of bridge financing industry are property conversions, private building
projects; land acquisition and property developers.
Somebody else got hurt - namely, the parties who sold their stock to Sokol
without use of the data that Sokol would soon put Lubrizol on Warren Buffet's shopping list.
HMRC have argued that it is not, in fact, retrospective because it is simply making sure
the legislation is being correctly applied, and that it only came to light in 2004 using new disclosure
rules.
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