City AM’s retail and property reporter, Helen Cahill reports that liquidators from FRP Advisory are likely to be appointed as liquidators of the failed retail chain, BHS.
Our business risk analyst, Nick Hood is quoted:
“If there is a need to check on what the administrators have done, you would bring in different liquidators. Obviously, the concerns with BHS are because of the doubts thrown up in parliamentary hearings – and the Pension Protection Fund insisted there was a second set of administrators appointed.”