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This may be irrelevant here, but in any case, could someone advise what it is meant by the claimant solicitors when they state in the bill of costs that they have been funded via a "private retainer" by the liquidators themselves? I think this leads to a conflict of interest. Thanks.
Yes, that's what I thought, but how can a liquidator have "private retainer" with the solicitor. They can have a "private retainer" with a client like a 'personal retainer', but in this case, it edges towards a conflict of interest?
yes, i know who the liquidator is, but they are not playing ball - ignored all my correspondence for many years! In any case, can someone advise me on a "private retainer" from a liquidator?
Thank you for your reply.
"It may be that the costs were incurred by the company's solicitors prior to Administration, so they would not be an expense of the Administration" - but the claimant was "in administration" for 10 months prior to the trial, and they had conducted further proceedings...
But also, the court stated that as a result of a small claim, I am not subject to costs, and the solicitors would need to obtain that from the 'then Administrators' of the company, on behalf of the company.
In those terms yes, but they are not on the statement of expenses for the liquidation either (all for over the 3 years). (Everyone else, are documented, including those that are paid, to be paid, and may require payment in the near future?) And also what does a "private retainer" with the...
It is subject to a valid appeal, but they are still trying to enforce, and harassing me with a bill of costs. Not sure how else I can explain that, because this is obviously harassment.
In any case, does any insolvency practitioner know what a "private retainer" is that they are under with...
Hi, I am the party that my friend Pierre had been asking about.
A claim was issued by a company claimant, and then it subsequently went "into administration" 10 months prior to the trial. The Administrator did not make any contact with me or the court to advise of their undertaking, and the...