Monthly Archives: October 2019

Time is Just the Start

Following on from my previous article about the attempts for the joint administrators of Nortel Networks France to get their remuneration approved by the court when there were no longer any creditors to approve it, the independent assessor has report to the Court and Snowden J has given his view on the matter (Re Nortel…

The Costs of Having Fees Assessed by Court

Those who have attended either of the Griffins seminars this year will have heard me talk about our experience as experts in the assessment of insolvency practitioner’s fees for acting as office-holders and how the costs of the final court determination frequently mean that finding a settlement is the best approach for all involved. An example…

October 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Vertu Corporation Limited Type of Insolvency: Liquidation  Class of Creditor: Preferential Amount of Dividend: 100p in the £ Date Paid: 1 October, 2019

Griffins appointed Administrators of Supercapital Limited

On 12 September 2019, Supercapital ceased to provide any regulated business and Supercapital has updated its website to this effect. On 27 September 2019, the director of Supercapital Limited placed the company into administration.   Kevin Goldfarb and Stephen Hunt, both licensed insolvency practitioners and partners in Griffins, have been appointed as joint Administrators.  As Administrators…