Stricken retail chain BHS has been placed into liquidation, bringing it closer to offering a final payment to its creditors.
It marks the latest chapter in the firm’s sorry saga, which has been dominated by a dispute between former BHS owner and retail tycoon Sir Philip Green and the Pensions Regulator over a £571 million black hole in the company’s pension fund.
The move will allow the firm to hand back the leases it holds on empty properties and look to pay creditors left out of pocket when the company collapsed into administration last April.
SHB Realisations Limited – formerly BHS Limited…
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