Caparo case

6 items, ordered by date.

1. Handwritten notes by Sir Adrian Cadbury on Caparo, undated, headed lack of awareness of what accounts stand for and degree of reliability

Handwritten notes appear to have been taken in meeting with legal advisors.

2. Letter, dated 31 May 1991, from JA Leek, Caparo with attached press cuttings and text of his speech to London Practioner [sic, practitioner] Board, April 1991

Letter expresses keenness to give evidence to the Committee and includes FT article and Leek’s presentation to the London Practitioner Board, 19 April 1991.

3. Record of meeting on 1 October 1991, with Mr James Leek, Director of Caparo Industries plc

Concentrates on the liability of auditors and their responsibilities.

4. Letter, dated 30 July 1992 from Institute of Investment Management and Research and accompanying comments

The document gives detailed comment on specific paragraphs in the draft code.

5. Letter, dated 31 July 1992, from Clark Whitehill & Co.

The response comments on the application of the Code to smaller listed companies, the effectiveness of internal control and the Caparo case.

6. Memo, dated 21 October 1991, from Nigel Peace to Sir Adrian about the Caparo case

Memo discusses the difference in the judgements given by the Court of Appeal and the House of Lords and includes the Coopers and Lybrand document on the Caparo decision.