E: BW ESTATES LTD; RANDHAWA AND ANOTHER V TURPIN AND ANOTHER [2015] EWHC 517 (CH) (“RVT”)

This decision followed an application by creditors (“the Randhawas”) of BW Estates Ltd (“the Company”) against the administrators of the Company that their remuneration should be deemed excessive and either disallowed entirely or reduced to such extent as the court thought appropriate.

The Facts

The South East’s position as one of the more prosperous areas of the UK, in terms of both lifestyle and work looks set to continue, as demonstrated by the findings of Lambert Smith Hampton’s UK Vitality Index Report 2015 in which Guildford came out as the top destination in the UK, with other cities in the region dominating the list.

TECHNICAL UPDATE - APRIL 2015

The Small Business, Enterprise and Employment Act 2015 (“the Act”), which received Royal Assent on 26 March 2015, contains a number of changes and additions to the Insolvency Act 1986 (“IA 1986”). 

A summary of the changes, as they relate to insolvency proceedings, are highlighted below but for full details as to the newest additions to the IA 1986, please see s117 to s146 of the Act which can be located at: