Re Independent Insurance Company Ltd (in provisional liquidation) (No 2)

JurisdictionEngland & Wales
Year2003
Date2003
CourtChancery Division
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8 cases
  • R (Harrison) v Birmingham Magistrates Court
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 25 March 2011
    ...needed. Later cases 29 Ferris J was again required to consider office-holders' remuneration in Re Independent Insurance Co Ltd (No 2) [2003] 1 BCLC 640. He was assisted by a solicitor with wide insolvency experience, whose report sets out the general principles then accepted by the insolven......
  • Salliss v Hunt
    • United Kingdom
    • Chancery Division
    • 10 February 2014
    ...(No. 2) [1998] 1 BCLC 638, Re Carton Limited (1923) 39 TLR 194, Re Independent Insurance Co Limited (No. 2) [2003] EWHC 51 (Ch), [2003] 1 BCLC 640, and Re Cabletel Installations Ltd [2005] BPIR 28. He also quoted from the report on Insolvency Law and Practice (1982) Cmnd. 8558 (the Cork Co......
  • Lock, in the matter of Cedenco JV Australia Pty Ltd (in liq) (No 2)
    • Australia
    • Federal Court
    • 11 February 2019
    ...remuneration is to reward value not indemnify against cost. His Lordship repeated this in Re Independent Insurance Co Ltd (No 2) [2003] 1 BCLC 640. This, of course, does not mean that the receiver is only remunerated if successful in adding value to the assets; see Waldron v MG Securities A......
  • Jacob and another v UIC Insurance Company Ltd and another
    • United Kingdom
    • Chancery Division
    • 2 November 2006
    ...is shown further in my view by the decision of Ferris J again in re Independent Insurance Co Ltd (in provisional liquidation) (no 2) [2003] 1 BCLC 640. As a result of the earlier decision the costs were then assessed by Ferris J with an Assessor. The Assessor reported that the JPLs' costs c......
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