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ARTICLE · 11 JULY 2016

Insolvency Litigation Briefing - June 2016

Gowling WLG
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Gowling WLG's dedicated insolvency litigation team bring you their regular update on the cases and issues affecting the insolvency and fraud investigation industry.

CanadaInsolvency/Bankruptcy/Re-Structuring
Alex Jay
Alex Jay
Kanika Kitchlu-Connolly
Kanika Kitchlu-Connolly
Ian Weatherall
Ian Weatherall
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Gowling WLG's dedicated insolvency litigation team bring you their regular update on the cases and issues affecting the insolvency and fraud investigation industry.

Administrators can agree fees incurred during the administration - even when the administration has come to an end

The Court of Appeal has confirmed that liquidators cannot require expenses that have already been agreed by administrators - in this case legal fees - to be assessed by the court. Furthermore the administrators can approve fees incurred during administration - even when approval is sought after the administrators have been discharged.

Background

In Hosking & McKay (as joint liquidators of Hellas Telecommunications (Luxembourg) II SCA (In Liquidation) v Slaughter & May (a firm) the Company (Hellas) entered into administration in November 2009.

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