Connaught administrator under investigation by accountancy body

Peter Hollis, a partner of KPF Advisory who was appointed administrator to Connaught last month, is under investigation by the Association of Chartered Certified Accountants (ACCA) over his role in the company voluntary arrangement (CVA) of Miss Sixty in 2010. In that case, a High Court judge concluded there was a "prima facie case of misconduct" on the part of Hollis and a colleague over the way they handled the CVA. A complaint had been brought by two creditors in Miss Sixty, who felt they had been treated unfairly. Hollis later said he was "disappointed" with the conclusions rea...