This episode gives a brief overview of R3's proposal to amend the Insolvency (England and Wales) Rules 2016 concerning CVL Liquidator fees. Join R3 GTC members Michelle Butler and Stephen Hill, to explore how widespread creditor apathy forces Insolvency Practitioners into costly court applications to obtain fee approval. The solution? A Statutory Fee for CVL Liquidators to streamline the process, reduce administrative burden, and ensure IPs get paid efficiently.
