Legal Update
To Pay or Not to Pay - The Official Receiver's Right to Ad Valorem Fees
3 February 2012
Mayer Brown Legal Update
Did you know...that the Official Receiver retains its right to ad valorem fees (relating to pre-conversion realisations) pursuant to the Companies (Fees and Percentages) Order (Cap 32C) ("Fees Order") on conversion of a compulsory liquidation to a creditors' voluntary winding-up.