Former BHS directors to pay £18m in wrongful trading ruling

BHS storefront with closing-down signs

Two former directors of BHS have been ordered to pay at least £18m to creditors after being found liable for wrongful trading.

A court found the two ex-directors, Lennart Henningson and Dominic Chandler, liable for wrongful trading, misfeasance trading and misfeasance over their management of the now-bust department store chain.

Both have been ordered to pay £6.5m each for wrongful trading and £5.6m between them for the charges of misfeasance.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now