It is possible to give retrospective sanction for acts which require the sanction of the court where such sanction has not been obtained in advance, in this case to authorise the liquidators to pay the costs of the solicitors out of the estate of the Company.
Judges:
Templeman J
Citations:
[1978] 2 All ER 273, [1978] 1 WLR 547
Jurisdiction:
England and Wales
Cited by:
Cited – McGrath and Honey v McMahon and Others, Re HIH Casualty and General Insurance Ltd and others CA 9-Jun-2006
The insurance company was to be wound up. It operated internationally but was registered in Australia. The Australian liquidator now sought an order for the transfer of assets held here to Australia.
Held: It was inevitable that cross border . .
Lists of cited by and citing cases may be incomplete.
Insolvency
Updated: 31 March 2022; Ref: scu.244194