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Restructuring & Insolvency

Decision day for BHS: BBC Radio 5 Live looks at the prospects

Our Business Risk Adviser, Nick Hood was interviewed this morning by Adam Parsons on the BBC Radio 5 Live Wake up to Money programme as 11,600 BHS staff anxiously await the outcome of the Administrators’ attempts to sell the business. Click here to listen to the programme (the interview starts 33:50 into the programme)

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City AM asks why Austin Reed staff found about store closures via social media

City AM reporter, Helen Cahill examines how the staff of failed retail chain Austin Reed found out about the store closures from the media rather than the Administrators. “Nick Hood, business risk adviser for Opus Restructuring, said that while administrators try to keep employees as well informed as possible, it can be difficult. He said: “It depends on the particular circumstances,

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