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So what else is stopping other NHS trusts from following suit?
An earlier version said the Office of Fair Trading had stopped two Bristol trusts from merging.
Legal restrictions prevent academy trusts from disposing of leasehold land if it ceases to be used as a school.
NASD prohibits sponsors of real estate investment trusts from rewarding broker-dealer representatives with entertainment, gifts or other noncash compensation.
Asked for examples, he came up with the "destabilising and wasteful" shake-up of primary care trusts from 2003 to 2007.
But it was the use of employee benefit trusts from 2001 which looks likely to trigger the club's descent into administration.
The head of operations at one NHS trust in the West Midlands said that the new criteria were designed "to effectively stop trusts from calling a major incident".
Income received by NHS hospital trusts from private patients has risen by 23% in the last four years, as waiting lists for non-paying patients have soared.
Labour's cap stopped any growth in private work by banning foundation trusts from taking on private work at a proportion exceeding that of 2003 (on average 2%).
David Cameron intervened personally to prevent offshore trusts from being dragged into an EU-wide crackdown on tax avoidance, it has emerged.
The abolition of Primary Care Trusts from 1 April saw a huge swath of public sector land transferred to a new central government agency: NHS Property Services.
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