The Lexis+ Practice Note tackles expenses in the context of insolvency, bankruptcy and administration. It provides accessible, detailed guidance to practitioners on:

  • What counts as an expense?
  • What are expenses?
  • Liquidation and bankruptcy
  • Expenses properly incurred in realising assets of the company / bankrupt
  • Costs of the petitioner
  • Necessary disbursements
  • Administration
  • Expenses properly incurred by administrator in performing their functions
  • Necessary disbursements

For an excerpt of the article, please click here. For Lexis+ subscribers, the full article can be found here.

For more on Sam Laughton’s practice, please click here.