Judgment
In re Bank of Credit and Commerce International (Overseas) Ltd - Ruling
G 0284/1991 · 1996-01-26
Approval of liquidators’ fees and expenses; Interaction with Luxembourg court report on provisional liquidation; Consistency in fee structures across jurisdictions; Court’s discretion to approve remuneration despite pending foreign report; Liquidators’ entitlement to certainty for work completed
Full metadata
| Cause Number | G 0284/1991 |
|---|---|
| Court | CIGC (Civ) |
| Judge | Harre CJ |
| Parties | In re Bank of Credit and Commerce International (Overseas) Ltd - Ruling |
| Judgment Date | 1996-01-26 |
| Subject | Approval of liquidators’ fees and expenses; Interaction with Luxembourg court report on provisional liquidation; Consistency in fee structures across jurisdictions; Court’s discretion to approve remuneration despite pending foreign report; Liquidators’ entitlement to certainty for work completed |
| Filename (current) | 96-01-26-Bank-of-Credit-Commerce-International-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Banks and Trust Companies Act | — | 1 |
| Companies Act | — | 1 |