More rigorous test applies when validating administration expenses in potentially insolvent estate | Practical Law

More rigorous test applies when validating administration expenses in potentially insolvent estate | Practical Law

The Court will apply a more rigourous test when validating expenses of the estate where the executor is on notice that the estate might be insolvent (National Westminster Bank Plc v Lucas and others [2013] EWHC 770 (Ch)).

More rigorous test applies when validating administration expenses in potentially insolvent estate

Practical Law UK Legal Update Case Report 8-575-3514 (Approx. 3 pages)

More rigorous test applies when validating administration expenses in potentially insolvent estate

by Practical Law Private Client
Published on 23 Jul 2014 • England, Wales
The Court will apply a more rigourous test when validating expenses of the estate where the executor is on notice that the estate might be insolvent (National Westminster Bank Plc v Lucas and others [2013] EWHC 770 (Ch)).