Samson Akwagbe v Frazer Ulrick (as liquidator of BL 634 Limited) & Anor

Samson Akwagbe v Frazer Ulrick (as liquidator of BL 634 Limited) & Anor

The application for removal of the liquidator was dismissed as the conduct of the First Respondent did not reach the threshold for removal; costs awarded on the standard basis as the applicant's conduct was not out of the ordinary to justify indemnity costs.

Parties
Applicant: Samson Akwagbe; First Respondent: Frazer Ulrick (as liquidator of BL 634 Limited); Second Respondent: Catherine Printziou & 4 Others (as liquidation committee of BL 634 Limited)
Jurisdiction
England and Wales
Judgment Date
18 September 2025
Procedural Posture
Insolvency Application / Judgment on Application for Removal of Liquidator and Costs
Outcome
Application dismissed; costs awarded to First Respondent on standard basis.
Legal Topics
Liquidator Removal, Costs Assessment, Liquidation Committee
Insolvency Company Law Liquidator Removal Costs Assessment Liquidation Committee

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Parties

Samson Akwagbe

Applicant

Frazer Ulrick (as liquidator of BL 634 Limited)

First Respondent

Catherine Printziou & 4 Others (as liquidation committee of BL 634 Limited)

Second Respondent

Procedural Posture

Insolvency Application / Judgment on Application for Removal of Liquidator and Costs

Legal Issues

  1. 1 Whether the First Respondent should be removed as liquidator
  2. 2 Appropriate basis for costs award
  3. 3 Conduct of parties during liquidation

Ratio Decidendi

The application for removal of the liquidator was dismissed as the conduct of the First Respondent did not reach the threshold for removal; costs awarded on the standard basis as the applicant's conduct was not out of the ordinary to justify indemnity costs.

Court Disposition

Application dismissed; costs awarded to First Respondent on standard basis.

Orders

  • Mr Akwagbe to pay First Respondent £19,800 inclusive of VAT by 9.9.2025 or 28 days after service of the order, whichever is later.
  • Any shortfall may be recovered as an expense of the liquidation.