Legal News

Administrators’ right to outstanding remuneration

Administrators’ right to outstanding remuneration
Published on: 21 March 2016
Published by: LexisPSL
  • Administrators’ right to outstanding remuneration
  • Original news
  • What was the background to the judgment?
  • What were the legal issues the judge had to decide?
  • What were the main legal arguments put forward?
  • What did the judge decide, and why?
  • To what extent is the judgment helpful in clarifying the law in this area?
  • What practical lessons can those advising take away from this case?

Article summary

Restructuring & Insolvency analysis: Simon Passfield of Guildhall Chambers discusses the case of Walker and another v National Westminster Bank plc which raised the question of whether administrators had a proprietary interest in redress monies which survived a company dissolution. or take a trial to read the full analysis.

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