Insolvency—administration—personal costs liability of administrator—Insolvency Rules 2016, Rules 14.8 and 14.9

Zoe O’Sullivan QC provides a Restructuring & Insolvency analysis for Lexis PSL discussing Nimat Halal Food Ltd v Nimish Patel (as administrator of Tariq Halal (Wholesale) Ltd (in administration) [2020] EWHC 734 (Ch), [2020] All ER (D) 38 (Apr). Zoe explains the implications of the case and how Chief Insolvency and Companies Court (ICC) Judge Briggs has refused to order that an administrator should be personally liable to pay the costs of a creditor’s successful application against the rejection of its proof of debt under Rule 14.8 of the Insolvency Rules 2016 (IR 2016), SI 2016/1024.

This article was first published by Lexis PSL on 9/4/2020. Please click here to read.