16 Dec 2011
EAGLE AND GOTHARD V PETTERSON HC AK CIV 2011-404-7387
- Citation
- openlaw-cf5fb906_5546_4656_a521_8bb7e32bd58a.pdf
- Court
- High Court
The Court held s 30(2B) requires a practical, broad 'fair and equitable' apportionment rather than a mechanical, per-debt/item allocation; receivers may recover remuneration and expenses that are reasonably 'in relation to' accounts receivable and inventory (including investigation, collection, marketing and related tasks), but employee-related costs properly belong to general administration and must be apportioned under s 30(2B)(c); where receivers supplied information to the liquidator without a formal s 261 written notice and summons they cannot claim remuneration under s 261(5) and those…