Dominic Chappell news and archive

Former BHS bosses to pay 110 million pounds to creditors

Dominic Chappell, the former CEO of collapsed BHS, and his colleague at the time Lennart Henningson have been ordered to pay 110 million pounds to creditors after they were found to have breached their corporate duties. The ruling comes eight years after BHS fell into administration, when it was said that the company owed creditors more than one...

Business

Former BHS owner convicted in pension case

London - Dominic Chappell, the former owner of fallen high street chain BHS, has been found guilty of failing to provide sufficient information to the Pensions Regulator. Chappell has been charged with neglecting to respond to three section 72 notices which demanded he provide vital documents linked to his purchase of the company after a trial...

Business

Retail Acquisitions on the brink of liquidation

London - Retail Acquisitions, the former owner of collapsed high street retailer BHS, is said to be on the brink of liquidation. Owned by former bankrupt entrepreneur Dominic Chappell, Retail Acquisitions first made headlines back in March 2015, when Chappell purchased BHS from Sir Philip Green Arcadia Group for 1 pound. Following the demise of...

Business

Dominic Chappell remains in the firing line of the Pensions Regulator

Dominic Chappell remains in the firing line of the Pensions Regulator after dropping charges against Sir Philip Green, as he agreed to 363 million pound settlement earlier this week. As the final owner of collapsed retail chain BHS, Dominic Chappell is still being pursuit by the Pensions Regulator for his role in the demise of the retailer. The...

Business

Former BHS-owner Dominic Chappell arrested amid tax probe

London - The former owner of collapsed high street retailer British Home Stores (BHS), Dominic Chappell, has been arrested by HM Revenue & Customs following an investigation into unpaid taxes. Chappell was arrested earlier this month for failing to pay over 500,000 pounds in tax on profits made from BHS, reported the Sunday Times. The arrest...

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BHS demise saw directors gain great wealth as workers lost pensions

UK MPs have further scrutinized Sir Philip Green's accountability following the collapse of department store chain BHS. According to their parliamentary report, Green is in part responsible of 'repeated failure' as the evidence unveiled gross misjudgments surrounding the chain's demise. Perhaps most damning is that MPs have judged the...

Business|UPDATE

Dominic Chappell to face High Court lawsuit over BHS

Duff & Phelps, the administrators for collapsed department store chain BHS are set to file a lawsuit on Monday against Dominic Chappell, former owner of BHS. The administrators accuse Chappell, who is head of the Retail Acquisitions consortium which acquired BHS for 1 pounds from Sir Philip Green's Arcadia Group last March, of failing to...