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Receivers not personally liable for the costs of an unsuccessful claim commenced in the company’s name

21 April 2008
Mayer Brown Newsletter
21 April 2008 - In appropriate cases, a non-party costs order may be made against a receiver or a secured creditor. In this case, the Court of Appeal upheld the decision of the High Court that receivers (appointed pursuant to the Law of Property Act 1925) were not personally liable for the costs of an unsuccessful action brought in the name of the company.
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