Read the full judgment text of HCCW 32/1998 on BabelCite. This High Court CFI judgment was delivered on 25 June 1998.
1. This application concerns the remuneration of provisional liquidators and, in particular, the principles that apply in fixing that remuneration. Whilst it is a matter close to the heart of insolvency practitioners, it is no less the case for creditors of insolvent companies. For, in any insolvency, what is paid to provisional liquidators by way of fees or disbursements out of an insolvent company's assets will not be available for distribution to the creditors. Given the recent spate of large
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