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Professor Muir Hunter QC's entire collection of Cork Report materials is now being catalogued at Kingston Law School (KLS). This material joins the Poulson Bankruptcy Archive materials and Sithole Trial papers, which are already at the KLS. The Cork Report tranche of materials includes, inter alia:
It is a scholastic goldmine! One "Verbatim recording of the Review committee's fifth Meeting" contains the following statement by Sir Kenneth Cork on Deeds of Arrangement:
"Alfred [Goldman], I'm always arguing with you and I'm going to argue at this moment. There may be only 128 but I reckon that in individual insolvency it probably takes 60 or 70% of the total assets."
"Alfred, I agree with you but only thing which worries me is that you say get rid of Deeds. I was rather hoping that you got rid of bankruptcies and that we have in fact a Deed, a kind of bankruptcy which is for good people which is similar to a Deed but with the same powers as
bankruptcy...So we are with you on this absolutely, that we have a sort of voluntary bankruptcy without a stigma, or less stigma anyway"
This exchange occured in 1977. Sound familiar?! I will add up more gems on to the blog as the catalogue is constructed.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...