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As a matter of construing the R3 Standard Conditions for Individual Voluntary Arrangements, the costs of existing proceedings against a debtor as at the date of the creditors' meeting fell to be treated as a debt provable within the IVA. The deputy judge also passed some observations as to the possibility that the Glenister v Rowe line of authorities as regards costs orders not being a contingent debt being overruled or recast by the Supreme Court in the Nortel litigation.
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