27 Nov 2001
Re C.A. PACIFIC FINANCE LTD & C.A. PACIFIC SECURITIES LTD
- Citation
- Re C.A. PACIFIC FINANCE LTD & C.A. PACIFIC SECURITIES LTD
- Court
- Court of First Instance
- Case number
- HCCW37/1998
The Court ordered distribution of client shares to proceed upon payment of a provisional processing fee fixed at 14% of the value of each client's portfolio as at the liquidation date, to be held in a separate interest-bearing account pending taxation of legal costs and an independent examination and assessment of the liquidators' remuneration and expenses; the examination is to be conducted by a taxing master with accountancy/insolvency qualifications or by the Court sitting with an assessor under s.53 High Court Ordinance; costs of that examination are to be allocated by the Court at the as…