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

Commercial landlords face extended restrictions

Blog, Legal Updates
Landlords take another hit as tenants’ protection mandated to last two years; Lawrence Morley takes a look
Read more Read

New Homes Quality Code – consultation under way

Blog, Legal Updates
Now is the time for housing developers to contribute to the discussion about new quality code
Read more Read

Is changing terms of employment about to become more difficult?

Employers beware. It may become more difficult to change terms of employment through the process of dismissal and re-engagement or “fire and rehire”.
Read more Read

Is the menopause really a business issue?

Abigail Maino explores the extent to which employers should be supporting employees who may be struggling with symptoms of the menopause
Read more Read
  • Brighton Office

    1 Jubilee Street


    East Sussex

    BN1 1GE

  • Gatwick Office

    Griffin House

    135 High Street


    West Sussex

    RH10 1DQ

  • Guildford Office

    Wonersh House

    The Guildway

    Old Portsmouth Road



    GU3 1LR

  • Horsham Office

    Ridgeland House

    15 Carfax


    West Sussex

    RH12 1DY

  • London Office

    6 New Street Square

    New Fetter Lane


    EC4A 3BF

  • Get in touch