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Judgment

Lea Lilly Perry and Tamar Perry v Lopag Trust Reg and Ors - Judgment

FSD 0205/2017 (NSJ) · 2020-04-20

Review of receivers’ remuneration; proportionality; justification and value for money; objections to fees; scope of receivers’ duties; treatment of administrative time; duplication; litigation‑related monitoring; application of insolvency remuneration principles; reasonableness of costs; approach to secretarial/ancillary charges; oversight of complex multi‑jurisdictional receivership

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In the Grand Court of the Cayman Islands — Financial Services Division
Cause No. FSD 0205/2017 (NSJ)
Between
Lea Lilly Perry and Tamar Perry
- v -
Lopag Trust Reg and Ors - Judgment
Before
Segal J
Judgment delivered 2020-04-20

IN THE GRAND COURT OF THE C
Of this total amount, $41
directors...); for ensuring that action
BH06’s debtors and potential
of SFPF's account with P
(i). ensuring legal obligations were satisfied by
printing, scanning, notary fees and
the circumstances and represents value for money (
Mr. Royle) spent an unjust
1267 (Mr. Sav
documents to Livelink - $2
matters - $102);
briefing: $204);
court hearing documents: $714
$2,380);
(d). the Plaintiffs identified the following
number of appointments from this Court. His
its subsidiaries, information relating to the matters

Neither the JRs nor
Up Rules, which were based on and
accounting firm of which the officeholders
characterisation of the assignment in his Second
predominantly to discuss BGNIC
administrative tasks which cannot be said to
(viii). I see no proper basis
(e). it was therefore appropriate and proper
and involvement in the case to make the
that the JRs should be able immediately

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