Phoenix Venture Holdings cases twice - since then. For accounting purposes, Phoenix Venture Holdings also includes various non-trading subsidiary companies that exist in name only. These businesses include: See MG Rover Phoenix Venture Holdings Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was a British company formed by four businessmen (John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover.
The Equitable Life Assurance Society to the government's reply. In August 2009 Sir John Chadwick issued an interim report. Sir John is designing a scheme to help the "hardest hit" by measuring the losses suffered in agreed cases of maladministration with those of a comparable company. In the Queen's Speech following the formation of a Conservative-LibDem coalition government in 2010, the Equitable Life (Payments) Bill was announced. The bill will secure compensation for nearly a million policyholders (UK-wide) hit by the near-collapse of the insurer Equitable Life. The Government also announced that the final report from Sir John Chadwick in relation to Equitable Life would