The trustee in bankruptcy had absolute priority for payment of his fees, costs, charges and disbursements only until the point where the bankrupts assets were transferred to a supervisor of a subsequent voluntary arrangement.
Citations:
Times 24-May-1999
Statutes:
Insolvency Rules 1986 (1986 No 1925) 5.21.2
Jurisdiction:
England and Wales
Insolvency
Updated: 07 February 2022; Ref: scu.88857
