25 Aug 2009
RE LEHMAN BROTHERS FUTURES ASIA LTD
- Citation
- RE LEHMAN BROTHERS FUTURES ASIA LTD
- Court
- Court of First Instance
- Case number
- HCCW464/2008
The court exercised its jurisdiction to grant interim payments on account of the provisional liquidators' fees and disbursements: it ordered 75% interim payment of fees claimed for the provisional liquidation period (excluding fees for Billing Tasks), 100% interim payment of other disbursements, refused interim payment for Billing Tasks pending further assessment, required undertakings to repay any excess (with specified solicitors providing undertakings), granted validation under section 182, and gave liberty to apply for further interim payments.