Posts from NEDonBoard

Collapse of Patisserie Valerie offers some key lessons for non-executive directors and board members

On 22 January 2019, Patisserie Valerie announced that it had failed to secure an extension to its lending facilities and that it was to enter administration. Patisserie Valerie is the latest high-profile company to collapse because of fraud and inaccurate data. The case raises some of the same issues as the failure of Carillion, namely: … Continue reading Collapse of Patisserie Valerie offers some key lessons for non-executive directors and board members

Key learnings from Carillion’s collapse

Towards the end of last year, Thomson Reuters hosted a NEDonBoard expert panel event on the key learnings from the collapse of Carillion. The panel was chaired by Olivier Garrigue, experienced Chairman and CEO, and included the Reuters journalist, Kate Holton, and Giles Boothman, a partner and restructuring lawyer at Ashurst. Lucinda Case, Managing Director … Continue reading Key learnings from Carillion’s collapse