25 Jun 1998
RE PEREGRINE INVESTMENTS HOLDINGS LTD.
- Citation
- RE PEREGRINE INVESTMENTS HOLDINGS LTD.
- Court
- Court of First Instance
- Case number
- HCCW22/1998
The Maxwell principles apply in Hong Kong: provisional liquidators claiming time‑based remuneration must justify claims by linking time to detailed explanations of tasks and by producing contemporaneous or adequately explained records; solicitors' bills must be critically scrutinized by the office‑holders or taxed before seeking reimbursement from the estate; absent satisfactory evidence the court will not sanction full fees and will permit limited interim payments while requiring further particularized evidence or taxation.