Hong Kong Case Law

18 Jun 2002

Re Yun Yip Auto Services Ltd.

Citation

Re Yun Yip Auto Services Ltd.

Court

Court of First Instance

Case number

HCCW84/1990

The court concluded that Cheung J had previously exercised its discretion under section 220 to accord the Special Managers' expenses equal priority with the Official Receiver and, in the absence of any material change in circumstances, allowed variation of the monetary ceiling to HK$350,000 without re-exercising the discretion; the retention of counsel by the Special Managers was ratified and costs were ordered as per the summons.

• Priority of expenses
• Special managers' remuneration and expenses
• Section 220 companies ordinance
• Rule 179 companies winding-up rules (as amended 2000)
• Variation of court orders
• Retention of counsel by special managers