Property tycoon William Stern has been disqualified for 12 years from serving as a company director.
The hearing at the High Court, in London, follows the £11m collapse of his second commercial empire, which most recently traded as Westminster Property Management, a phoenix cover for the failed Kensington Management. Kensington and Westminster were part of the Dollar Land Group which Stern helped set up after he was discharged from bankruptcy in 1985.
His son Mark was disqualified for four years.
The Guardian 19/04/00 page 25
The Daily Telegraph 19/04/00 page 39
The Times 19/04/00 page 29
