Skip to content Skip to footer

Restructuring & Insolvency

Under-fire burger chain Byron is ‘sending money to offshore companies to avoid tax’

The Daily Mail Online comments on the offshore funding arrangements of the embattled restaurant chain, Byron Burger.  Our Business Risk Adviser, Nick Hood comments on corporate transparency and tax planning: ‘This is yet another classic private equity ownership structure, which maximises shareholder gains and by diverting heavy interest liabilities offshore, creates doubts about its willingness to pay UK tax despite

Read More

Byron Burger Is Sending Its Cash Overseas To Avoid Tax

Buzzfeed UK’s business editor, Simon Neville reports that the embattled restaurant chain Byron Burger, which recently reported dozens of illegal workers it employed to the Home Office, has been taking expensive loans from overseas subsidiaries to reduce its tax bill in the UK. Our Business Risk Adviser, Nick Hood commented: “This is yet another classic private equity ownership structure, which maximises

Read More

Why insolvent EU clients will be more of a problem for IT contractors post Brexit

Contractor UK looks at the implications of Brexit for IT contractors, who run into problems getting paid by clients located in the EU.  Our Business Risk Adviser, Nick Hood provides advice. If the media’s Brexit tales about cancelled contracts, shelved investment plans and rumours of corporates upping sticks to leave Britain are true, never has the contractor community needed a

Read More

Are our debt-ridden care homes on the brink of meltdown asks the Daily Mail?

Ruth Davidson has written a savage analysis of the precarious finances of the UK care home sector in today’s Daily Mail, quoting Opus research and comments by our Business Risk Adviser, Nick Hood: ‘A significant number of the major operators have private equity-style business models, which means minimal capital and a lot of debt,’ says Mr Hood. ‘That is not great

Read More
No more posts to show