One of the dark arts…..

A court appointed receiver applying to the court for determination of his remuneration was subjected to 2 days cross-examination on his evidence “in excruciating detail”, with “thousands of pages” of documents being filed. In saying that the assessment of remuneration and costs is “one of the dark arts”, the Judge cut the remuneration substantially, but […]

Liquidator’s remuneration approved, and power of sale confirmed

In yet another decision on remuneration, and the power of a liquidator to sell trust assets to recoup that remuneration, a Court has found that remuneration was properly claimed on a time basis, and that the liquidator’s exercise of the power of sale over trust assets were not unreasonable. No drama. See In the matter of […]