25 Aug 2009
RE LEHMAN BROTHERS FUTURES ASIA LTD
- Citation
- RE LEHMAN BROTHERS FUTURES ASIA LTD
- Court
- Court of First Instance
- Case number
- HCCW452/2008
The court exercised its jurisdiction to permit interim payments on account but limited the payment to 75% of the fees claimed for the provisional liquidation period (excluding fees relating to billing tasks) and 100% of other disbursements, granted liberty to apply for further interim payments, required undertakings from the Provisional Liquidators and principal Hong Kong solicitors to repay any excess, and validated the payments under section 182; billing-task fees were excluded from interim payment pending further assessment.