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    Grant Thornton liquidates scandal trusts

    Grant Thornton liquidates scandal trusts

    Mid-tier firm takes on disposal of BFS Investment, which still faces lawsuits over scandal

    Author Date published February 3, 2006 Categories

    Grant Thornton is to take on the liquidation of BFS Investment, one of the
    companies involved in the split capital investment trust scandal.

    Investors have voted to wind up the company, which is still facing lawsuits
    over the scandal.

    BFS has about £4m cash in the bank, according to Nick Wood of Grant Thornton,
    much of which could be paid out to investors suing the company.

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