# The Insolvency (England and Wales) Rules 2016, Rule 7.112: Priority of litigation expenses


Litigation expenses will not have the priority provided by section 176ZA over any claims to property comprised in or subject to a floating charge created by the company and must not be paid out of any such property unless and until approved or authorised in accordance with rules 7.113 to 7.116.

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Source: https://www.legislation.gov.uk/uksi/2016/1024/rule/7.112 (the official version)
Page: https://openlegislation.uk/insolvency-england-and-wales-rules-2016/rule-7.112
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.