28 Apr 2021
RE WAN HIN AND CO LTD (In Liquidation) (“the Company”)
- Citation
- [2021] HKCFI 1228
- Court
- Court of First Instance
- Case number
- HCCW614/1997
The Liquidators' reasons (anticipated substantial asset recovery and prior non-payment) do not justify departing from the normal practice of assessing fees on a time-cost basis; accordingly the request for assessment on a percentage basis under Rule 196(2) is refused and fees are to be assessed at Panel A rates, with costs to be paid out of the company assets and the Official Receiver's costs fixed at HK$64,000.