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No sweet treats for Candey: UK firm denied success fees in Peak Hotels debacle

By Kyriaki Karadelis

22 February 2019

No sweet treats for Candey: UK firm denied success fees in Peak Hotels debacle UK law firm Candey has been denied success fees / iStock.com/subjug

Recognising foreign liquidation proceedings does not turn them into a liquidation under the UK Insolvency Act for the purpose of claiming success fees, the English High Court has ruled.