The report of the Parliamentary Joint Committee came out a few weeks
ago. I've downloaded it, and started reading through it.

It sounds mostly good, and they do talk about "unsophisticated
creditors" quite a number of times, and the priorities in a Deed of
Company Arrangement.

Two concerns: 1. Ability to "contract out" of the usual priorities in
a Deed ... 2. No mention of full payment of creditors in a Deed (or
any other kind of trading out).

I will upload it to the Public File Archives in due course, and
summarise relevant points here.

*****

One other thing I've forgotten to mention: I'm putting an expanded
version of the brochure on the web, titled "Issues for Creditors of
Insolvent Companies", for the hoardes of new arrivals expected from my
brochure handouts.