Employees of Trustee’s not entitled to fees from of an insolvent estate

Employees of Trustees and Insolvent Estates:

No employee of a trustee is entitled to remuneration out of an insolvent estate for services rendered by him to the estate. Nor shall a partner of a trustee be entitled to any remuneration out of the estate for services he may have rendered to the estate.  Only the trustee is entitled to a reasonable remuneration for his services, which remuneration is set out in tariff B in the Second Schedule to the Insolvency Act.

Jacqui Smith (LLB)

Legal Advisor

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