When the appointment of a conflict liquidator may be appropriate.
Re Microcredit Ltd; Microcredit Ltd (Malta) v Rosler (as liquidator of Microcredit Ltd)  EWHC 1644 (Ch)
Restructuring & Insolvency analysis: In rejecting claims of apparent bias the judge found there were insufficient ground to justify the removal of a liquidator. However, the appointment of an additional liquidator was warranted for the limited purpose of considering dispassionately the prospects of an appeal against one creditor’s claim in the liquidation.
Full article available here
Written by Christopher Brockman
This analysis was first published on Lexis®PSL on 09/07/2021