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Restructuring & Insolvency

Sir Philip Green admits he made “a bad call” selling BHS to Dominic Chappell – City AM reports

City AM retail and property correspondent, Helen Cahill summarises the explosive six hour grilling of Sir Philip Green by the Parliamentary Committees investigating the collapse of retail chain, BHS and quotes our comments on the pension scheme issues. Nick Hood, business risk analyst at Opus Restructuring, said BHS’ £571m pension scheme deficit is the issue “that threatens [Green] the most”.

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Reform mania: why is the whole world upgrading its insolvency regimes? Part 3

Corporate Rescue & Insolvency magazine has published the third and final part of a series of articles by Nick Hood & Steve Parker, which investigates why so many countries around the world are changing their insolvency regimes and processes. “In the first two parts of this series chronicling the sudden recent surge of insolvency reform around the world, we concentrated

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What to expect from Sir Philip Green’s appearance before MPs

City AM’s retail and property reporter, Helen Cahill looks forward to tomorrow’s appearance by Sir Philip Green before the Parliamentary committees investigating the collapse of retail chain, BHS.  Our Business Risk Adviser Nick Hood provides his thoughts. Hood said: “My feeling is that the thrust of any strategy being set will be to defend his record of managing BHS up

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Only 10 days to save BHS, restructuring guru warns

Our Business Risk Adviser, Nick Hood stresses the urgency in finding a buyer for the residual parts of collapsed retailer BHS in an interview with Evening Standard reporter, Joanna Bourke. “BHS is dying by the day as stock runs low and customers begin to think about where they will shop instead. Speed is of the essence to get any deal

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The FT looks at the refinancing deal planned by care home giant, HC-One

FT reporter Gill Plimmer examines the background to the announcement by residential care giant, HC-One to reduce its debt via a £200m sale and leaseback deal. Our Business Risk Adviser, Nick Hood comments on the precarious financial state of the UK care home sector: “HC-One’s move to raise funds through a sale and leaseback has unpleasant echoes of the financial

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