Zombie companies with negative balance sheets and surviving only through the indulgence of their creditors have long been a worrying feature of the UK economy, creating unlevel playing
There are many ways in which Directors can be made to contribute towards the losses suffered by creditors when a company fails. The best known being Wrongful Trading.
In this monthly update, we take a closer look at the latest UK economy stats and discuss what they may mean for UK businesses in the coming month.
The government consulted in 2021 on its proposals to reform and modernise the regulation of insolvency practitioners (IPs) and the insolvency market more widely. It has now published
The latest statistics for UK insolvencies published by The Insolvency Service have prompted some comment about the apparent surge in businesses being liquidated through the creditor-enforced Compulsory Winding
Opus Edinburgh is a specialist restructuring and insolvency practice based in the heart of the city. We aim to work closely with local corporates, SMEs and Business Owners
