Liquidators sought approval to pay out $1.6m from CBL Singapore subsidiary. They didn’t get it.
Tim Hunter Thu, 15 Nov 2018
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