Second administrator to scrutinise Laura Ashley collapse

FRP Advisory brought in at request of Pension Protection Fund to investigate retailer
The pensions rescue service has forced the appointment of a second administrator to scrutinise the finances of Laura Ashley prior to its collapse into administration in March.The new administrator, FRP Advisory, is also likely to investigate the role of Laura Ashley’s former directors, including chairman and chief executive Ng Kwan Cheong who stepped down in January. Continue reading...