§ Mr. McMasterTo ask the Secretary of State for Scotland what investigations were carried out following the collapse of the Lafferty construction group; what action resulted from these investigations; and if he will make a statement.
§ Lord James Douglas-HamiltonLafferty Construction Ltd. went into receivership on 18 August 1988, and into liquidation on 7 August 1989. Receivers are required by statute to report any unfit conduct by directors to the Secretary of State for Trade and Industry. The joint receivers submitted an adverse conduct report on 7 August 1990, the liquidator on 8 August 1990. Applications to the court must be made within two years of the insolvent event. In this case the reports were not received until the 23rd month after the event and proceedings were not issued.
§ Mr. McMasterTo ask the Secretary of State for Scotland what investigations were carried out following the collapse of the Lilley construction group; what action resulted from these investigations; and if he will make a statement.
§ Lord James Douglas-HamiltonLilley plc, and group companies, went into receivership on 7 January 1993. Receivers are required by statute to report any unfit conduct by directors to the Secretary of State for Trade and Industry. The joint receivers have complied with their statutory reporting obligations and the documentation provided is under consideration.