The IP acted as liquidator of Company A, that had sold its intellectual property to a successor, Company B and the purchase consideration was not discharged. Company A is the largest creditor of Company B, which had now entered into administration and the IP wanted to know if he could take the CVL exit appointment. Costs saving identified and IP intending to appoint a creditors committee to approve remuneration.
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.