Ex-Carillion Directors Face Gov't Fight Over Potential Ban

Law360, London (January 14, 2021, 1:29 PM GMT) -- A government agency said on Thursday that it has begun legal proceedings to ban eight former directors of Carillion PLC for up to 15 years on the grounds that their conduct at the outsourcing giant makes them unfit to hold board positions.

Carillion had been one of Britain's biggest construction and outsourcing businesses but collapsed with £1.5 billion ($2 billion) of debt. (Daniel Sorabji, AFP via Getty) The Insolvency Service said it has launched legal action against the ex-directors three years after the company was wound up by the court in January 2018. Carillion, once one of Britain's biggest construction and...

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