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R3 president said last week that the updated Walton Report was going to be shared with all this week...now suddenly it is next year they will be making it available. Wonder why...?

This is not a £500m windfall for "dodgy directors". Why dont people actually read LJ Jackson's opinion from the Mustill Lecture. There are numerous other and more effective ways of bringing directors to account rather than blackmailing them with super inflated success fees and outrageously expensive insurance products. This is why the £500m is an R3 myth. £500m is probably the right number but almost none of it finds its way into the hands of creditors - it is gobbled up in fees and insurance industry premiums. Just look at the BIS figures in the first Walton Report. Says it all. And explains why LJ Jackson said that these distorted figures were "misleading members of parliament"....