HL Deb 27 February 1846 vol 84 cc219-20
LORD BROUGHAM

, pursuant to notice given yesterday, presented a petition from Colonel Rochford, a highly respectable Irish gentleman, and claimant of an earldom, complaining of a very great defect in the law of insolvency. The defect was one which required the interference of the Legislature; and the Insolvent Commissioners entirely agreed in the propriety of making that interference. A person who came within the operation of the Insolvent Act, had all his estate conveyed out of him to his assignees. In the present case the assignees were satisfied, but they could not reconvey until the insolvency was superseded. Now the Commissioners had no power to enforce a reconveyance of the estate by the assignees; and an Act ought, therefore to be passed, giving the Commissioners power to require the assignees to reconvey, upon receiving a proper indemnity. He wished, therefore, to give a general notice, that he should bring in a Bill in a week or so on the subject.

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