Is the UK falling out of love with business rescue culture?
When the corporate insolvency statistics for July 2023 were released by the Insolvency Service, all the focus by commentators was on the macro aspects of the numbers. Insolvencies
Restructuring & Insolvency
Landlords – Navigating the Waters of Unintended Consequences
Challenges Faced by Residential Landlords with Multiple Property Ownership in Scotland The landscape of residential property ownership in Scotland has undergone significant shifts in recent years, giving rise
Why insolvency law & practice is always a work in progress
The Insolvency Service has just published its three-year review of the implementation of the latest piece of UK insolvency legislation, the Corporate Insolvency and Governance Act 2020 (CIGA),
Interest rate rises hitting embattled care home finances hard
A wide-ranging article this week in the Financial Times highlighted the plight of care home finances as operators struggle with surging interest rates. The article quotes a number
Business insolvencies soar by 60% in June
The corporate insolvency statistics for June 2023 published today show an ongoing and worrying trend for UK businesses. A perfect storm of interest rate rises, savage input costs
Scottish care home closures surge as deadlock over state funding continues
The appointment of Opus Restructuring & Insolvency as provisional liquidators to supervise the continuing trading and eventual winding down / closure of Hogganfield care home in Glasgow and