Privy Council provides important guidance in relation to applications to approve liquidators’ remuneration
29 Sep 2025Guy Cowan and Sam Keogh examine the recent Privy Council decision in Attorney General of Trinidad and Tobago v CL Financial Ltd (in Liquidation) ([2025] UKPC 41), which clarifies the approach courts should take when considering applications for liquidators’ remuneration, including the requirement for detailed scrutiny and the treatment of state creditors in insolvency proceedings