Costs

Judge chides ABL and MO over BBY emails

BBY liquidator Stephen Vaughan. The brain-contorting complexity of the BBY Limited liquidation is back on display after liquidators Stephen Vaughan and Ian Hall sought to retreat to a simpler regime for the recovery of costs. The simpler regime was first put in place in 2015 by Justice Paul Brereton, who has since fled to the Court of Appeal. At the time the regime was seen…

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Trustee walloped with second costs order

There’s a saying that the margin’s in the mystery. The more complex the offering the easier it is to conceal fees and gouges. And nobody wants to admit they haven’t a clue how the investment they’ve backed nets a dime. Now whilst a trustee in bankruptcy is often of prudent character he or she might consider invoking maxims about margins and mystery when contemplating whether…