- Liquidator as trustee of recovered funds (Re Total Debt Relief Ltd (in liquidation))
- What are the practical implications of this decision?
- What was the background?
- What did the court decide?
- What impact will this decision have on insolvency proceedings involving financial firms?
Restructuring & Insolvency analysis: Frances Coulson, senior partner and head of Litigation & Insolvency at Moon Beever, points out that there are many cases where insolvency office-holders are becoming trustees of funds, but there has been limited guidance until now of how the costs of administering the fund are to be assessed.
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