Our website is set to allow the use of cookies. For more information and to change settings click here. If you are happy with cookies please click "Continue" or simply continue browsing. Continue.

Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

10 AUG 2009

Cork - Insolvency Law and Practice, Report of the Review Committee. Cmnd 8558. HMSO, London, 1982

The Cork Report is seen by many as the seminal reform document in English insolvency law. The full citation is etched on the brains of many an insolvency scholar -  Insolvency Law and Practice, Report of the Review Committee. Cmnd 8558. HMSO, London, 1982. It is an interesting exercise to mull on the make up of the committee and their day to day workings. The meetings of both Cork Committees mostly took place at the then offices of the Official Receiver in Bunhill Row, in the City of London, close to the local head quarters of the Honorable Artillery Company (HAC). David Graham usually enjoyed egg and chips and a few biscuits which did nothing for his health. One day the committee was informed that it would no longer be possible to lunch at Bunhill Row since the canteen had become insolvent! Thereafter lunch was taken, frequently preceded by a walk through the famous Bunhill Row cemetery at the HAC.

The Cork Committee was made up of:

  • Sir Kenneth Cork GBE, DLitt (chairman)
  • Peter Avis FIB
  • John Copp MBE
  • Geoffrey Drain CBE, BA, LLB, JP
  • Alfred Goldman
  • Muir Hunter QC, MA
  • John Hunter LLB
  • Peter Millett, QC, MA, Cantab
  • Duncan McNab FCCA
  • Ritchie Penny
  • Edward Walker-Arnott LLM

The co-opted members of the committee were:

  • Mr SJ Barton, Herbert Smith & Co
  • Mr N Cave, Midland Bank Ltd
  • Mt JR Endesby LLB, Midland Bank Ltd
  • Professor RM Goode OBE, Queen Mary College, University of London
  • Mr D Graham QC
  • Mr M Hancock, Clifford-Turner
  • Mr RW Hellyer FCCA, Insolvency Practitioners Association
  • Mr AM Homan FCA, Price Waterhouse
  • Professor RB Jack, McGrigor Donald & Co and the University of Glasgow
  • Mr JEF Lindsay QC
  • Mr C Payne FCII, Bradstock, Blunt & Thompson Ltd
  • Mr PFM Shewell FCA, Coopers & Lybrand
  • Mr AJ Sim, Scottish Law Commission
  • Mr IG Watt FCA, Thomson McLintock & Co
  • Mr GA Weiss FCA, WH Cork Gully & Co
Individual Voluntary Arrangements

Individual Voluntary Arrangements

"This is the ultimate statement of where the law on IVAs is to be found in our great common law...

Available in Lexis®Library
Bankruptcy and Personal Insolvency Reports

Bankruptcy and Personal Insolvency Reports

"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...

More Info from £175.00
Available in Lexis®Library