Construction Enquirer reports on developments in the Administration of contractor, HOC (UK) Limited ahead of the meeting of creditors scheduled to be held on 10th August 2016. Click here to read the full article
We are thrilled to have been nominated for the short list of finalists for this years TRI Awards as Corporate Restructuring Practice with up to 10 IPs.
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
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
Construction News reporter Mark Smulian sets out the details of the deal by Administrators, Opus Restructuring for the sale of certain of the assets of London-based specialist contractor, HOC (UK) and the possible impact on its creditors. “London contractor HOC (UK) has entered administration and been sold in a ‘prepack’ deal after a dramatic surge in turnover last year, as creditors seek to
Care Management Matters magazine has published a feature on the parlous financial state of the UK care sector written by our Business Risk Adviser, Nick Hood. “Unfortunately, little attention was paid to the fundamental flaws in the UK’s residential care home business model. These have since been ruthlessly exposed by the savage reductions in fees paid by local authorities for
