CBI sought legal advice over possible insolvency after misconduct scandal

Business lobby group requested guidance on insolvency among other restructuring optionsBritain’s most prominent business lobby group has sought guidance on possible insolvency as it battles for survival in the wake of sexual misconduct allegations.The legal advice was requested by the Confederation of British Industry (CBI) before the publication on Wednesday of a prospectus setting out plans to turn around the organisation. Members will be asked to decide on its future in a confidence vot