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.