Fees

Proportionality spectre looms as BBY fees mount

It didn’t require a psychic to foretell that BBY’s diverse bunch of creditors might at some point tire of the court-imposed regime for assessing the liquidators’ mounting fees and look to summon forth their own mechanism of restraint. A sign of that came on Monday in the NSW Supreme Court when legal representatives for the liquidators and BBY’s various classes of former clients and creditors –…

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Receiver facing fee and independence challenge

Mackay Goodwin principal Domenic Calabretta may be overseas but that is not impeding the progress of some potential grief around an alleged lack of independence working its way towards him via a hearing in the NSW Supreme Court later this year. The grief is in the form of untested allegations – which may or may not be frivolous and/or vexatious – that the fees charged…