Panel Member definition
Examples of Panel Member in a sentence
The information submitted in response to the Official Receiver’s Request for Proposal, attached as Schedule E to this agreement shall be used to consider the suitability of the Panel Member as Special Manager.
Identification In identifying a Panel Member to be appointed as Special Manager ahead of the court appointment, the Official Receiver shall consider the following factors as a measure of suitability: • Experience in relation to case • Capability and Capacity • Costs It will be for the identified Panel Member to ensure that they are not conflicted in accepting the appointment.
The Official Receiver may seek further clarification and information from the Panel Member to further inform the decision-making process, but for the avoidance of doubt, the recommendation of a Panel Member for appointment is at the sole discretion of the Official Receiver and subject to the Court’s agreement.
Should the Panel Member experience a change in eligibility (including but not limited to the ability to deploy a minimum of 75 insolvency staff across the UK, loss of specialisms) then it must inform the Official Receiver at the earliest notice.
The Panel Member shall inform the Official Receiver in writing of any change, or proposed change, in the name or status of the Panel Member.