20 Apr 2007
RE FRONTMAX LTD
- Citation
- RE FRONTMAX LTD
- Court
- Court of First Instance
- Case number
- HCCW600/1999
Given the benefits conferred on the liquidations and creditors by the Panel B agents, the absence of evidence of conflict or improper conduct, and the intended and available judicial scrutiny by taxation of the agents' bills, it is appropriate and proportionate for the court to exercise its power under section 200(3) to give retrospective authorisation for the appointments and to sanction payment of agents' fees out of company assets subject to taxation rather than require costly individualized inquiries into delegation in each case.