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Former health secretary accused over publishing company insolvency – The Guardian

The business practices of Stephen Dorrell have been called into question after a business partner accused the former health secretary of leaving him with nothing. Dorrell used a controversial insolvency procedure to move a publishing company into a new corporate entity owned by himself, making shares owned by his business partner worthless and allegedly thwarting an unfair dismissal claim against the company.

Dorrell is the chairman of the NHS Confederation and was health secretary between 1995 and 1997. He served as a Conservative MP for 36 years until he stood down at the last election.

Project Viva, which published specialist health and motoring magazines, called in administrators last month and was immediately bought by Dorrells …

Read the full article at: https://www.theguardian.com/business/2016/apr/10/former-health-secretary-stephen-dorrell-accused-over-publishing-dealings

Category: BankruptcyBy Insolvency GuardianMay 5, 2016

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Former health secretary accused over publishing company insolvency – The Guardian

The business practices of Stephen Dorrell have been called into question after a business partner accused the former health secretary of leaving him with nothing. Dorrell used a controversial insolvency procedure to move a publishing company into a new corporate entity owned by himself, making shares owned by his business partner worthless and thwarting an unfair dismissal claim against the company.

Dorrell is the chairman of the NHS Confederation and was health secretary between 1995 and 1997. He served as a Conservative MP for 36 years until he stood down at the last election.

Project Viva, which published specialist health and motoring magazines, called in administrators last month and was immediately bought by Dorrells investment…

Read the full article at: http://www.theguardian.com/business/2016/apr/10/former-health-secretary-stephen-dorrell-accused-over-publishing-dealings

Category: BankruptcyBy Insolvency GuardianApril 10, 2016

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