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  • When will the English Court assist officeholders with remuneration applications?

When will the English Court assist officeholders with remuneration applications?

Devinder Singh and Vanessa Stuart of Squire Patton Boggs explain that the English Court can step in to determine officeholder remuneration where the statutory creditor approval process under Part 18 cannot produce a meaningful outcome, including because of conflicts or creditor disengagement, while stressing that practitioners must first exhaust the available approval procedures before seeking assistance under the Court’s supervisory jurisdiction.