Read the full judgment text of on BabelCite. was delivered on 2 July 1998.
1. Following the first meeting of creditors and contributories in Peregrine Investment Holdings Limited ("PIHL"), Peregrine Derivatives Limited ("PDL") and Peregrine Fixed Income Limited ("PFIL"), the Provisional Liquidators of each of these companies submitted their respective reports to the court, and at the same time, sought orders for the appointment of joint and several liquidators of PIHL, PDL and PFIL respectively and, inter alia , an order regarding the remuneration of such joint and sev