6 Sept 2007
NEW ZEALAND CUSTOMS SERVICE V CELLAR HOUSE LIMITED (IN LIQUIDATION) AND ANOR HC WN CIV-2007-485-1983
- Citation
- openlaw-b2a10fd6_d584_4276_8545_cddbeac3f9f9.pdf
- Court
- High Court
The Court held the liquidator's claimed fees of $230,840 plus GST were reasonable and approved them on the evidence of detailed time records and the complexity and success of the administration; the proposed ongoing hourly rates were approved as consistent with prevailing rates; and the proposed Deed of Assignment of the judgment debt to the liquidator personally jointly with New Zealand Customs Service was approved under s 284 Companies Act 1993, with costs of the application to be met as costs of the liquidation (category 2B).