Two former BHS directors ordered to pay at least £18m over wrongful trading

Two former BHS directors ordered to pay at least £18m over wrongful trading

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.

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