Dearbhail McDonald: There's little reason to fear a 'public' list that's not really out in the open
Published 03/03/2014 | 02:30
PUBLICITY, Jeremy Bentham said, is the soul of justice, vital to secure against abuse of power or the creation of new opportunities for abuse.
Publicity is also a powerful gizmo in the very brimming box of tools at the disposal of lenders in their dealings with distressed borrowers.
The fear of publicity and the potential professional consequences of having their debts exposed have forced many sensitive debtors, including judges, lawyers, accountants and TV personalities, to seek out-of-court arrangements with their creditors.