BHS HQ property deal netted £21m+ profit for Lady Green’s company: report by the Daily Mail

BHS HQ property deal netted £21m+ profit for Lady Green’s company: report by the Daily Mail

June 11, 2016


Daily Mail City Correspondent, Laura Chesters sets out the details of a deal involving the sale of the BHS headquarters building, which generated a paper profit of over £21m for a company controlled by the wife of Sir Philip Green.  Our Business Risk Adviser, Nick Hood comments on opaque corporate structures and the blurring of personal and corporate boundaries:

“This is the problem with these complex, opaque corporate structures which inevitably create suspicion.

‘Too often entrepreneurs lose sight of what belongs to them and what has to be kept ring-fenced inside their company for the benefit of its creditors.”

Click here to read the full article

Related News

How limited is liability with personal guarantees?

September 10, 2021

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

Current challenges for business owners – don’t remain isolated at the helm

September 8, 2021

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

Categories

Previous Articles