Solicitors' fees not deemed to be expense of administration
The Court of Appeal has upheld the decision of the High Court in a case in which Walker Morris’s finance litigation team acted for the successful party.
After the complex and drawn-out saga of Portsmouth City Football Club’s insolvency, a former solicitor of the club, who had acted for it in connection with its opposition to a winding-up petition, sought to claim its fees and disbursements as an expense of the out-of-court administration. The Court of Appeal, however, disagreed — finding that it neither had the inherent jurisdiction, nor was there a legislative foundation, to provide such a ruling.
Between December 2009 and February 2010, Neumans acted for Portsmouth in its defence of a winding-up petition issued by HMRC on the grounds of an unpaid liability for VAT. Neumans ceased to act for Portsmouth when a new owner appointed administrators out of court, having the effect of suspending the ongoing winding-up petition…
If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
The EU General Court has upheld the registration of the shape of the ‘Rubik’s Cube’ as a trademark.
The EU General Court has dismissed appeals against OHIM’s dismissal of opposition to registration of the figurative mark LOVOL.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.