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Indeed, "loophole" is spelled correctly.
That is the correct spelling of "loophole" (a legal technicality).
The Loophole - 2012 was released on:
USA: 31 December 2012
Loophole - 1954 was released on:
USA: 28 March 1954
The Loophole - 2010 was released on:
USA: 23 October 2010 (Indie Memphis)