Update on Liquidator remuneration post-Sakr1
Key points summary
Following the recent high-profile appeal decision2, the Supreme Court of New South Wales has now finalised the saga that was the review and approval of the remuneration of the Liquidator of Sakr Nominees.
From that decision emerge several key points for insolvency professionals when considering their remuneration:
Australia, New South Wales, Insolvency & Restructuring, Litigation, Baker McKenzie, Costs in English law, Dividends, Deed, Legal burden of proof, Liquidation, Remand (court procedure), Liquidator (law), Proportionality (law), Corporations Act 2001 (Australia), Court of Appeal of Singapore