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.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
DECC has released its report summarising the responses received and action to be taken regarding underground access for gas, oil and geothermal developers.
Intellectual property disputes involving retailers and fashion are all too common; another one to have troubled the courts in recent months is Thomas Pink v Victoria’s Secret UK.
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.