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Walters, A. 
ORCID: 0000-0002-5854-4655,
2003.
Recovering costs of litigation as a liquidation expense.
Company Lawyer, 24 (3), pp. 84-86.
ISSN 0144-1027
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187086_4732 Walters Publisher.pdf Download (28kB) | Preview |
Abstract
The spate of cases dealing with the question of whether a liquidator can treat the costs of any litigation that she initiates or pursues in the exercise of her statutory functions as a liquidation expense payable in priority to other creditors shows no sign of abating. This is hardly surprising bearing in mind that a number of issues were left unresolved by the Court of Appeal in Re Floor Fourteen Ltd, Lewis v Inland Revenue Commissioners. One such case, Re Demaglass Ltd, Lewis v Dempster is the subject of this note. The likely implications of the Insolvency (Amendment) (No. 2) Rules 2002 are also briefly considered.
| Item Type: | Journal article |
|---|---|
| Publication Title: | Company Lawyer |
| Creators: | Walters, A. |
| Publisher: | Sweet & Maxwell/Thomson Reuters |
| Place of Publication: | London |
| Date: | 2003 |
| Volume: | 24 |
| Number: | 3 |
| ISSN: | 0144-1027 |
| Rights: | Permission is for Nottingham Trent University’s Institutional Repository only. Any further use (including storage, transmission or reproduction by electronic means) shall be the subject of a separate application for permission. |
| Divisions: | Schools > Nottingham Law School |
| Record created by: | EPrints Services |
| Date Added: | 09 Oct 2015 10:19 |
| Last Modified: | 09 Jun 2017 13:26 |
| URI: | https://irep.ntu.ac.uk/id/eprint/11274 |
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