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Restructuring & Insolvency

Care home giant Four Seasons in talks with bondholders

Healthcare expert, Gill Plimmer has looked at the latest financials from one of the UK’s leading care home operators in today’s Financial Times, Four Seasons which has just posted a pre-tax loss of £25m for the three months to June 2016. Our Business Risk Adviser, Nick Hood commented: “This is a business that is drowning in debt, nowhere near covering

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How to avoid personally paying your limited company’s tax bill

‘Flipping’ a contractor’s limited company’s unpaid tax liabilities onto the individual is the focus of a campaign by HMRC. Our head of Forensics & Disputes, Liz Coleman writes for Contractor UK on how contractors can protect themselves against this risk. “… in recent months we’ve seen an increasing trend for HM Revenue & Customs to seek to recover unpaid PAYE

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Hastings Printing Co closes down just after celebrating its centenary

PrintWeek editor, Jo Francis reports on the sad end to the hundred years plus history of a South Coast printing business. Opus partner Steve Parker commented: “Hastings Printing Company had fallen victim to the printing industry’s “perennial malaise” of low margins and stiff price competition. The situation is incredibly sad” “It was equally disappointing to have to make long-serving employees

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Historic South Coast commercial printer collapses

Insider Media’s Muhammed Aldalou reports that fierce competition has brought down a 100 year old commercial printing business in East Sussex, ending 33 jobs.  Our partner, Steve Parker comments: “It’s a tragedy when such a long-established business falls victim to the savage competition, which has long bedevilled the printing industry…”   Click here to read the full article

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Employee Benefit Trusts: are you under investigation by HMRC?

  HMRC have started sending COP9 letters to beneficiaries of Employee Benefit Trusts, seeking settlements under the threat of criminal investigation. Time is of the essence, as is specialist advice and access to negotiating skills. Our Disputes and Forensics team, led by Liz Coleman can help. Click here to see our advice  

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