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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Two former BHS directors ordered to pay £110m to creditors

A former BHS store on Oxford Street in London
BHS collapsed in 2016 with the loss of 11,000 jobs and a £571m pensions black hole. Photograph: Philip Toscano/PA

Two former bosses of the collapsed department store chain BHS have been ordered to pay £110m to creditors in relation to breaching their corporate duties.

The ruling against Dominic Chappell, the former chief executive of BHS whose Retail Acquisitions team bought the chain for £1 from Philip Green in 2015, and his former colleague Lennart Henningson comes eight years after the retailer collapsed into administration owing creditors, including its pension fund, more than £1bn.

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