No let up for BHS’ disgraced Chappell

09 Jan 2018

BHS is back in the headlines.  

Again, it features Dominic Chappell, the man behind the infamous £1 purchase of BHS and its subsequent demise (although let’s not forget Sir Phillip Green in all of this).

A court has heard that the Pensions Regulator claims that it asked Chappell three times to provide information relating to BHS’ Pension Schemes, and when it wasn’t produced the regulator went to court.

We are all familiar with the BHS story – the high street favourite went bust in April 2016, leaving a £571m bill in unpaid pensions. Dominic Chappell bought BHS in March 2015 for £1 at a time when BHS’ pension schemes had 19,000 members with a combined deficit of more than £500m.

We all know that Sir Phillip Green found some spare change in his back pocket to repay £360m, but Pensions’ Regulator is still investigating whether Mr Chappell (in a very different financial ‘league’ to Mr Green) should also make a contribution.

Not providing information to the Pensions’ Regulator is a criminal offence and carries an unlimited fine. It is encouraging to see the Pensions Regulator robustly using the ‘teeth’ given to them by statute on behalf of thousands of wronged ex-employees.

For further information on this article please contact:

Further reading

Is the end in sight for upward-only rent reviews?

Blog, Legal Updates
20/09/2021
Are upward only rent reviews set to become a thing of the past? Cheraine Williams reflects on a Private Member’s Bill going through the House
Read more Read

Is the end in sight for upward-only rent reviews?

Blog, Legal Updates
20/09/2021
Are upward only rent reviews set to become a thing of the past? Cheraine Williams reflects on a Private Member’s Bill going through the House
Read more Read

The meaning of vacant possession – useful guidance from the Court of Appeal

Blog, Legal Updates
16/09/2021
Cheraine Williams considers the facts of a recent case but urges tenants not to rely solely on the outcome
Read more Read

Employer's question: the right to appeal a redundancy dismissal

Blog
14/09/2021
It is common practice to offer the right to appeal against a redundancy dismissal. If you are considering not doing so, tread carefully.
Read more Read
  • Brighton Office

    1 Jubilee Street

    Brighton

    East Sussex

    BN1 1GE

  • Gatwick Office

    Griffin House

    135 High Street

    Crawley

    West Sussex

    RH10 1DQ

  • Guildford Office

    Wonersh House

    The Guildway

    Old Portsmouth Road

    Guildford

    Surrey

    GU3 1LR

  • Horsham Office

    Ridgeland House

    15 Carfax

    Horsham

    West Sussex

    RH12 1DY

  • London Office

    6 New Street Square

    New Fetter Lane

    London

    EC4A 3BF

  • Get in touch