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BEIS Committee investigates Carillion. ShareSoc and the UK Shareholders Association submit joint response.

…our views on this; and in particular our comments about shareholder engagement in respect of Carillion. Carillion The Carillion collapse was entirely predictable to experienced private investors. As were the…

Carillion, EMIS and KPMG

…or no “open marketing” of the assets. Carillion is a very good example of what is wrong with insolvency law in the UK. Carillion employed many skilled staff and some…

Quindell and Carillion

…that relied on sub-contract or supply work from Carillion likely to go bust. The letter writers suggest that Carillion is yet another “canary in the coal mine”. Perhaps when MPs…

Carillion Goes Into Liquidation

Carillion (CLLN) has gone into liquidation. No messing about with “administration” – it’s gone straight into liquidation with a receiver being appointed. The Government may apparently take over direct responsibility…

KPMG settles with Carillion liquidators over £1.3bn audit negligence claim

…2024. My iPad conveniently referred me to other KPMG stories, which highlights that Carillion is not a one-off and disasters are still happening, so much so that half of UK…

Burford Capital, Goals Soccer Centres, Carillion, and Why Numbers Are Not Important

…3/8/2019). Clearly the audits over some years failed to pick up the problems. In addition it looks like the demise of Carillion is going to be the subject of a…

Carillion and FRC investigation

I know that some members are taking a very active interest in what went wrong at Carillion. The email below from the FRC contains a link to a document which…

FCA Update

…signal and deterrent that the FCA intended. Carillion FCA publishes Decision Notices for Carillion plc (in liquidation) and three of its former executive directors Carillion has not referred its Decision…

FRC review and the future of audit: break up or shape up?

…a front page article on this headed Carillion’s demise spurs call for action against Big Four. MPs’ report on collapse asks for possible break-up of ‘cosy’ auditors by Gill Plimmer….

Deferred Shares Report and Voting Trends Survey

…figure has fallen steadily since 2014, according Minerva’s data. Audit has hit the headlines of late following a series of corporate collapses including Carillion, Interserve, Patisserie Valerie and Thomas Cook….