Share on LinkedInShare on LinkedIn

ARTICLE · 13 JULY 2016

Challenging Fees Agreed By UK Administrators

The administrators appointed to Hellas Telecommunications instructed Slaughter & May to act during the course of the administration and agreed their fees.

United KingdomInsolvency/Bankruptcy/Re-Structuring

Key points

  • Court does not have jurisdiction to direct detailed assessment of fees agreed by administrators on application of liquidator
  • Administrators can agree solicitors' fees for work carried out during the administration after they cease holding office
  • The court has no inherent jurisdiction to direct a detailed assessment

The facts

The administrators appointed to Hellas Telecommunications instructed Slaughter & May to act during the course of the administration and agreed their fees. One invoice was agreed and paid after they ceased to be in office. Hellas was wound up, liquidators appointed and the liquidators applied to court for a direction that Slaughter & May's fees be assessed under rule 7.34 (subsequently repealed and replaced with 7.34A).

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from