THE ENFORCEMENT AGENT'S ADDITIONAL REMUNERATION

30 April 2024 , by Catarina Afonso Margarido.

3 min reading
THE ENFORCEMENT AGENT'S ADDITIONAL REMUNERATION

Question to be decided: whether the Enforcement Agent's additional remuneration is due.

Pending a joint enforcement action for payment of a sum certain totalling more than 7 million euros, the Claimant and the Defendants entered into a payment agreement and requested that the enforcement action be terminated.

As a result, the Enforcement Agent drew up the Expenses and Fees Note and calculated a variable remuneration totalling more than 60,000 euros, plus VAT.

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