The BHS scandal is far from over, in fact it may only just be starting. The flagship store on Oxford Street in London is pulling down its shutters for the final time this weekend and the last of the retail chain?s 164 outlets around the country will all be closed by the following Saturday.
However, the news that Jones Day has been brought in to investigate the conduct of BHS?s directors in the run-up to its collapse shows that questions remain unanswered.
Jones Day has been brought in by FRP Advisory, the joint administrator to BHS. It is standard practice for an administrator to bring in a law firm to help with an insolvency process, but this appointment stands out for two reasons.
