17 Dec 2009
FLYNN V MCCALLUM HC TAU CIV 2005-470-611
- Citation
- openlaw-ab8119e5_581b_4439_985a_25b5ae184c13.pdf
- Court
- High Court
The Court will fix or review liquidator remuneration under ss 276 and 284 by assessing whether retention is reasonable in the circumstances, applying Medforce principles with pragmatic refinements: permit prospective approval at appointment where Court has confidence in appointee; adopt a proportionate disclosure regime and tiered inquiry thresholds (Tier1 up to $7,500; Tier2 $7,500–$25,000; Tier3 over $25,000); the Court may appoint assessors/experts in complex cases and may dispense with counsel's certificate on without‑notice applications where justice requires; the same principles apply t…