Industry News & Insight
We post regularly in our news and insight section discussing current industry topics, covering all divisions within the Group.
March insolvency stats: Worrying increase in business closures
Shocking corporate insolvency figures for March just published by the Insolvency Service have revealed the magnitude of the problems faced by businesses up and down […]
What happens to non-current assets in an insolvency situation?
In our first article in this series, we looked at the mystery of why apparently solvent companies end up heavily devalued and paying almost nothing […]
Why does insolvency reduce business value?
One of the great commercial puzzles is why the unsecured creditors of an apparently healthy business end up only recovering pennies in the pound on […]
A review of 2022 complex international insolvency cases – the challenges and how they were addressed
What do the collapse of a major cryptocurrency exchange, Britain’s allegedly biggest-ever personal insolvency and the devastation of one of Russia’s major gold mining businesses […]
Opus rescues Valeside Catering after its failed acquisition
Successful catering business with health revenue Valeside Catering Contracts Limited, a business incorporated in 2002 had been a successful husband and wife catering company, servicing […]
Why administration isn’t always the right business rescue route
A perfect illustration – a road haulage business rescue When a well-established road haulage business came to Opus for advice, the question posed was simple […]
‘Light Touch’ Administrations: A new approach to an old remedy
It may have taken almost twenty years, but the insolvency profession has finally got round to adapting the Administration insolvency process brought in by the […]
Opus secures a sale rescuing jobs and benefiting creditors as transport haulage company goes into administration
Appointed as Joint Administrators of Commercial Storage Ltd (‘CSL’), Steve Parker and Trevor Binyon of Opus, a national business advisory, restructuring and insolvency practice have […]
54 jobs saved by Opus in national car servicing rescue deal
Opus, a national business advisory, restructuring and insolvency practice has saved 54 jobs and preserved operations at 9 trading units of Concorde Tyre & Exhausts […]
Flat Cushions and Broken Beds – has the stuffing fallen out of the retail furniture market?
So the UK’s beleaguered retail sector is in the news again. The collapse of the Multiyork furniture chain and its associated business Feather and Black […]