CASE UPDATE 11 November 2015 PROPOSED SYSTEM OF COSTS SCHEDULING FOR INSOLVENCY PRACTITIONERS Kao Chai-Chau Linda v Fong Wai Lyn Carolyn and others [2015] SGHC 260 INTRODUCTION This case concerns the quantum of professional fees reflected in a bill of costs issued by the receivers and managers (“R&Ms”) of Airtrust (Singapore) Pte Ltd (“Airtrust”).