Restructuring & Insolvency

Case Study

CASE STUDY IT Specialist – How persistence paid off in a CVA

With problems on a major contract that would cause heavy losses, additional investment was required to finish it to avoid even more significant penalties for non-delivery of the project. Opus guided the Directors through a restructuring exercise and the approval of a CVA.

PARTNER CASE STUDY Foreign Exchange Risk Management

IIFX delivers bespoke credit facilities to support hedging. It’s end-to-end solutions have been delivering convenience, value and flexibility for more than 13 years. Focused on results-driven performance, IIFX assist with FX risk management and payment support through deep understanding of each clients’ specific business needs.

CASE STUDY Road Haulage – Better insolvency outcome

With small trading losses eroding the balance sheet, this road haulage business was under immediate threat from unpaid tax bills. Opus worked with the owners to manage the expectations of HMRC, funders and suppliers whilst using its restructuring and M&A expertise to achieve a better outcome.

CASE STUDY Cryptocurrency – Cubits exchange insolvency

Cubits used PaySec to overcome the payment restrictions in place in China. PaySec was responsible for the cash settlement of BTC purchased by Cubits’ Chinese customers. The accounts of three Chinese customers were allegedly hacked.

CASE STUDY Manufacturing – Failure of integration creating cash flow issues

Losses were encountered, sales were lower than anticipated coupled with greater than forecast direct costs due to delays encountered in integrating the businesses and achieving the growth needed.

CASE STUDY Construction – Cash flow challenges

Due to greater than expected groundwork costs the developer had run out of working capital. The units were structurally complete but required internal finishing. The primary lender was faced with little option than enforcement action.

CASE STUDY Property – Funding and Project Management

Opus Restructuring was able to add significant value to a £4m high specification 6 unit residential development project which faced cash flow problems, and on which all work on site had stopped.

UK Zombie companies – how serious is the problem?

June 29, 2022

Whilst many know what Zombie companies are, how they are created and why they are a problem for both the economy generally and can be […]

The current finance landscape for businesses emerging from the pandemic

June 22, 2022

Whether you are a small to medium sized enterprise or a larger corporate entity, the last 2 years have been challenging for everyone with some […]

Scottish Business – State of the Nation Post Pandemic

June 6, 2022

The furlough scheme ended in September 2021 and from then on, creditors were once more able to issue Winding Up Petitions to recover outstanding debts. […]

Global Insolvency Pandemic trends – why is the UK an outlier?

May 27, 2022

As the Coronavirus outbreak morphed into a once-in-a-century pandemic in early 2020, governments all round the world started to pour unprecedented sums into their economies […]