21 Dec 2023
BAKER v BAKER [2023] NZHC 3844
- Citation
- [2023] NZHC 3844
- Court
- High Court
The Court approved the liquidators' fees of $504,206 plus GST because the fees, although relatively high in hourly rate, were justified by the complexity and extent of the work, were disclosed to creditors throughout the liquidation, produced substantial value to creditors and shareholders, and fell within the consented hourly rate ranges when applied proportionately.