Opus partner, Steve Parker writes in Contractor UK magazine, warning IT contractors on the risks of being accused of wrongful trading and how to avoid them Clients insisting upon it; recruiters insisting upon it and your financial sense insisting upon it – there are lots of good reasons to become a limited company as a contractor. The main one though
Opus Restructuring, a specialist insolvency and turnaround practice, has launched with the aim of keeping troubled SMEs afloat, rather than putting them into administration, writes Ravender Sembhy. The boutique firm’s three-pronged approach includes avoiding insolvency where possible, fixing fees at the outset and being more transparent with stake holders about the process. To read full article, click here and scroll
Solicitors could be forgiven for wondering where the next hammer blow will fall, after a terrible year since the introduction of the Jackson reforms to civil procedures in April 2013. The impact of this and savage legal aid cuts have triggered a wave of failures, a consolidation surge as larger firms like Slater & Gordon have gobbled up smaller players
Partner, Tim Dolder and Business Risk Adviser, Nick Hood look at the challenges facing the UK insolvency profession as change overtakes old-fashioned attitudes: The taxi meter approach of using hourly rates for setting IPs’ fees is under serious threat from government intervention IPs will need to focus much more in future on adding value to the recovery process, not just cost
What are the key pressure points putting care homes at risk of financial failure? Steve Parker, a licensed insolvency practitioner and a partner at Opus Restructuring and Nick Hood, business risk analyst at Company Watch, share their views. There is no magic bullet which will return the care home sector to the secure financial footing that residents, their anxious relatives
