Legal Business

Under fire: Linklaters and Olswang in the spotlight as dealmakers face parliament over BHS collapse

City lawyers faced the wrath of MPs during May and June in an inquiry over the sale of BHS. The April collapse of the retailer, following its sale by Sir Philip Green’s Arcadia Group for £1 to Dominic Chappell’s Retail Acquisitions, caused political fallout for advisers on the deal, including law firms.

Partners from Olswang, Linklaters, Eversheds and Nabarro all appeared before a joint committee of MPs from the Work and Pensions and the Business, Innovation and Skills departments.