Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Wednesday, 19 November 2008
Receiver. Liability for costs
If a company receiver sues and loses, the defendant cannot get a costs order against the receiver personally. The receiver is not liable. He is an agent of the company. Since it is the company suing, it is the company that is liable for costs (although it will almost certainly have no money).
Whilst a non-party costs order could be made against a receiver, that would only be in an ?exceptional? case.
The defendant should apply for a security of costs.
Whilst a non-party costs order could be made against a receiver, that would only be in an ?exceptional? case.
The defendant should apply for a security of costs.
Labels: receiver costs liability
# posted by michael @ 21:47 
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