Managers receive £ 12.4million in fees for Thomas Cook liquidation assistance

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By Bonnie Eslinger (December 14, 2021, 6:36 p.m. GMT) – A judge on Tuesday awarded two companies more than £ 12.4million ($ 16.4million) for their work as “special managers” helping the liquidation of travel giant Thomas Cook, but objected to a suggestion that future honorary claims should be made without a hearing.

Insolvency and Company Court Judge Sebastian Prentis has been asked to issue an order directing future claims to be made in writing, with future judges only calling a hearing if they deem it necessary.

Stephen Robins of South Square has suggested the court follow the lead of Insolvency and Corporate Court Chief Justice Michael Briggs in another insolvency case …

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