We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
The first company convicted of corporate manslaughter has lost an appeal against the ruling.
Cotswold Geotechnical Holdings was convicted in February this year after geologist Alexander Wright died in September 2008 when a pit he was working in collapsed.
The Lord Chief Justice, Lord Judge, also upheld the company's £385,000 fine at the Court of Appeal in London last week, the BBC reported.
The company, which had a turnover of £333,000 in the year the incident occurred, was allowed to pay the fine (which represents 116% of that turnover) over a ten-year period, with £38,500 due every year of that period.
However, Lord Judge said it was "unavoidable and inevitable" that the company would probably have to go into liquidation to pay the fine.
Cotswold Geotechnical Holdings became the first company to be prosecuted under the Corporate Manslaughter and Corporate Homicide Act 2008.
Follow BusinessCar on TWITTER
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
