Red flag for fees at failed firm
Liquidators sought approval to pay out $1.6m from CBL Singapore subsidiary. They didn’t get it.
Tim Hunter
Thu, 15 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Creditors of a CBL subsidiary in Singapore have refused to endorse the payment of more than $1 million in fees by its liquidators.
Directors of CBL subsidiary PfP Holdings, a holding company for UK insurer Professional Fee Protection (PfP UK), appointed liquidators from the Singapore branch of
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Tim Hunter
Thu, 15 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
