Ex-British Home Stores Owner Gets 10-Year Director Ban

Law360, London (November 5, 2019, 5:44 PM GMT) -- The former owner of a collapsed British retail chain has been banned from holding any company directorships for 10 years, a government agency announced Tuesday. 

Dominic Chappell used his company Retail Acquisitions Ltd. to purchase British Home Stores Ltd. from Philip Green in March 2015 for a nominal £1 ($1.30). The business collapsed just over a year later with a massive pension deficit, costing 11,000 jobs.

An insolvency judge handed down the lengthy disqualification following a hearing at the High Court on Oct. 14, the Insolvency Service said in a statement. Chappell had sought an adjournment of the hearing but was unsuccessful,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS