Re Mingda Holding

Insolvency Law — Winding up — Application by liquidator for authorisation to appoint solicitors — Whether the court has the power to grant retrospective authorisation of a liquidator’s appointment of solicitors — Section 144(1)(f) of the Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed); Insolvency Law — Winding up — Funding by creditors — Approval of funding agreement — Assignment of proceeds of company’s cause of action — Sections 144(1)(g) and 144(2)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed) Insolvency Law — Winding up — Funding by creditors — Application for prospective advantage — Distinction between applications for prospective advantage and applications for retrospective advantage — Section 204(3) of the Insolvency, Restructuring and Dissolution Act 2018 (2020 Rev Ed)