Introduction
Against the backdrop of the recent sheriff court decisions regarding the need to appoint a Court Reporter even in cases where the assets are insufficient to meet the IPs' fees, the Court of Session has taken an innovative approach to approving IP fees without the need to appoint a court reporter.
Background
United Kingdom, Scotland, Insolvency & Restructuring, Litigation, Shepherd and Wedderburn LLP, Costs in English law, Security (finance), Interest, Accounting, Liquidation, Court costs, Secured creditor, Liquidator (law), Court of Session
Background
Over the past year the Courts in Scotland have been tightening up their procedures in relation to the granting of extensions in administration. This note sets out the various issues that have arisen and considers the best ways to ensure that applications of this type proceed without unnecessary costs.
United Kingdom, Scotland, Insolvency & Restructuring, Litigation, Shepherd and Wedderburn LLP, Costs in English law, Solicitor, Consent, Insolvency Act 1986 (UK), Court of Session