Search Results

Beaufort Administration, Intercede and the Mello Conference

…up large bills at the clients expense. I said only recently that the insolvency regime needs reform after the almost instant collapse of both Conviviality and Carillion. There may not…

Conviviality Fire Sale

Carillion and it went straight into liquidation. Administrators have an obligation to market a business for sale but can that be done adequately and the best price obtained when the…

GKN – Melrose and the Sage of Omaha

…time again we see problem cases (e.g. Enron, Carillion), so I shall avoid Melrose. I read Warren Buffet’s annual letter yesterday which included this gem of a warning: http://www.berkshirehathaway.com/letters/2017ltr.pdf Once…

RBS Confirms Shareholder Committee Resolution will be put to AGM Vote

…how it might operate in practice. ix. It is unlikely that the cases of Carillion, BP, BHS and Sports Direct would have occurred if such a committee had existed at…

Redcentric: Unprecedented Progress for Shareholders – At Last

…any ongoing or potential prosecutions of some of the directors of Carillion, Conviviality, Patisserie Valerie, Thomas Cook, Sirius Minerals, Woodford, Hargreaves Lansdown, Nighthawk Energy etc. And because the FCA and…

Do Spivvy PE Funds IPO Their Investments at Inflated Prices? – and HM Treasury Consultation UK Listings Review

…UK, to countenance reductions in governance requirements. Off the top of my head, I can recall Carillion, Thomas Cook, Conviviality and Cake (Patisserie Valerie) – all accounting/auditing scandals. Then there…

Policy and Campaigns – Progress Update 20 Dec 2021

Since Oct 12 (see previous update here), we have worked on: Audit and Governance reform: many members have told us of their concerns about the disasters at Carillion and many…

Tesco AGM Report 2022

…for both RMBS and for PPI for many years. At Carillion, the provisions for the 25 years PFI contracts were inadequate and were subsequently shown to be so. Tesco was…

February 2018

…Quickly?, Carillion Goes Into Liquidation, South African Politics, Pan African Resources and Mondi, EMIS Group (EMIS), Regulation of shareholder action groups following the debacle of the RBS case, The Return…

March 2018

Editorial, RBS Shareholder Committee: a breakthrough!, Government To Review Share Buy-Backs, Carillion and FRC investigation, ShareSoc and the UKSA submit joint response, Audit Quality and the Caparo Judgement, Renishaw /…