Recovering costs of litigation as a liquidation expense

Walters, A ORCID: https://orcid.org/0000-0002-5854-4655, 2003. Recovering costs of litigation as a liquidation expense. Company Lawyer, 24 (3), pp. 84-86. ISSN 0144-1027

Preview

Text 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

Actions (login required)

Edit View

Statistics

Views

Downloads