The first company to be convicted under the United Kingdom’s corporate manslaughter act was fined about $630,000. It could have been worse — the British sentencing guidelines set no maximum limit.
Mills & Reeve, a top 50 British law firm, reported in its April newsletter that Cotswold Geotechnical Holdings Ltd. was told in mid-February that it could pay the penalty over the next 10 years, because of the company’s poor financial condition.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]