PDT Solicitors successfully obtain court approval for payment of administrators’ remuneration

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PDT Solicitors successfully obtain court approval for payment of administrators’ remuneration

Published: 27 January 2020

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PDT’s Insolvency team are delighted to have assisted Harrisons Business Recovery in obtaining court approval for their remuneration as administrators of a company following rejection of the proposals by a portion of the creditors.

"PDT’s team produced superb service and support in a hefty application. The advice provided was always timely, considered and commercial. Full marks to Ian, Claire and Jonathan for persistent diligence and remaining supportively cheerful throughout!"

Tony Murphy, Harrisons Business Recovery

The Insolvency Rules and Practice Direction for such applications are challenging, requiring very full and precise evidence; Ian Lindley and Claire Butler of PDT, supported by Jonathan McNae of Counsel, assisted Tony Murphy and his team at Harrisons with the arduous task of assembling the evidence and making the application, stressing the impeccable manner in which the administration had been conducted. It was a lengthy and painstaking process drawing on the expertise, persistence and commitment of all involved. After four hearings the court accepted the application in almost every detail and ordered that remuneration be paid together with all the costs of the application.

 

PDT Solicitors' Insolvency and Corporate Recovery practice is ranked as a leading firm in the Legal 500 and Chambers and Partners UK and discribed as "a niche firm with a big market presence. Very well experienced in personal insolvency.’"

 

To find our more about how PDT can help your business please contact Claire Butler or Ian Lindley

The content of this webpage is for information only and is not intended to be construed as legal advice and should not be treated as a substitute for specific advice. PDT Solicitors LLP accepts no responsibility for the content of any third party website to which this webpage refers.

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