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JMW Offering Legal Assistance to BHS Employees as Company is Placed in Liquidation
JMW's employment law team is offering legal assistance to employees of high street retailer BHS who are effected following the announcement that BHS is to be placed into Liquidation. Any affected employees are invited to contact JMW's employment experts as soon as possible in order to discuss their particular circumstances.
An estimated 11,000 jobs across the UK will be lost after negotiations to sell a significant number of its stores to Sports Direct were unsuccessful. The department store chain has been in decline for a number of years, with debts topping £1.3 billion, including a reported £571 million pension liability. BHS was sold by retail entrepreneur Sir Philip Green to a group of financiers for just £1 last year.
Dominic Chappell, owner of BHS, is reported as having written to employees to apologise, saying: "It is with a deep heart that I have to report, despite a massive effort from the team, we have been unable to secure a funder or trade sale." Liz Cotton, a partner in JMW's employment team, says: “At JMW we have significant experience in advising on all areas of employment law, with particular expertise in advising on collective redundancy consultations, unfair dismissal and matters involving insolvent companies. A recent example is on the City-Link action where JMW successfully represented hundreds of employees at a hearing in April 2016 at a Leeds employment tribunal”.
Head of Employment at JMW says:"We understand how stressful it can be for employees, such as those at BHS, who are now uncertain about their future prospects and facing job losses. Our team are on hand to provide pragmatic and timely advice to any BHS employee who would like to discuss their position and understand their rights and the options available to them at this difficult time.”
If you are an employee of BHS and would like advice on your rights and personal circumstances, please contact JMW as soon as possible by calling 0345 872 6666.
Note to Editors
JMW Solicitors LLP is one of the leading Manchester law firms and offers a broad range of legal services to both commercial and private clients. We are committed to providing legal services in a cost effective and timely manner.