BHS, Retail industry, Business, Law, Dominic Chappell Business | The Guardian
Ruling comes eight years after retailer collapsed into administration owing creditors more than £1bnTwo former directors of the collapsed department store chain BHS have been ordered to pay at least £18m after the pair were found liable for wrongful trading and breaching their corporate duties.The ruling against Lennart Henningson and Dominic Chandler, members of the Retail Acquisitions team that bought BHS for £1 from Sir Philip Green in 2015, comes eight years after the retailer collapsed into administration owing creditors, including its pension fund, more than £1bn. Continue reading…
Ruling comes eight years after retailer collapsed into administration owing creditors more than £1bn
Two former directors of the collapsed department store chain BHS have been ordered to pay at least £18m after the pair were found liable for wrongful trading and breaching their corporate duties.
The ruling against Lennart Henningson and Dominic Chandler, members of the Retail Acquisitions team that bought BHS for £1 from Sir Philip Green in 2015, comes eight years after the retailer collapsed into administration owing creditors, including its pension fund, more than £1bn.
