The financial position of the UK’s largest residential care operator, Four Seasons have come under scrutiny in recent months after suffering down ratings by two major credit agencies. Opus provides expert comment for CMM Magazine’s feature. Unfortunately, Four Seasons is clearly not profitable and two of the world’s leading credit rating agencies have now warned that the debts are unsustainable
INSOL World, the quarterly magazine of the global insolvency association INSOL International, has published an article by our Business Risk Adviser, Nick Hood on the widespread insolvency reforms happening worldwide. “Now an unexpected deluge of reform is overwhelming the global insolvency scene. In the past six months, no fewer than twelve countries have decided to upgrade legislation governing corporate insolvency, almost
Joanna Bourke analyses the bidding process for the business and assets of the failed retail chain, BHS for the Evening Standard, quoting Opus’s Business Risk Adviser, Nick Hood. “The rumoured bid price certainly looks full, but the bid is led by a retailer with a well-justified reputation for succeeding in the market which BHS so utterly failed to serve in
Opus research for the BBC You & Yours programme has been quoted in a detailed and downbeat assessment of the financial issues faced by the UK care home industry published by the Investors Chronicle. “Research from the insolvency agency Opus for the BBC found that 13 per cent of care homes pay more in interest and servicing their debt than
Our Business Risk Adviser, Nick Hood is quoted in an article by Johanna Bourke for the Evening Standard on the BHS pension scheme issues emerging from the first day of the joint hearing by two Parliamentary Committees investigating the collapse of the retail chain. “Once the comfort blanket of the Arcadia guarantee was taken away, BHS must have looked like
Opus research and comments quoted and attributed by reporter Gill Plimmer in the Financial Times. Research by the insolvency agency Opus for BBC Radio 4’s You and Yours said last week that more than a quarter of care homes were in danger of going bust in the next three years. It said that about 13 per cent of operators were
