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Restructuring & Insolvency

Opus comments on BBC Radio 5 Live on proposed CVA by retail giant BHS

Our Business Risk Adviser, Nick Hood appeared on this morning’s Wake Up to Money programme on BBC Radio 5 Live to discuss the problems facing struggling retailer, BHS and the CVA it is threatening to use to cuts its rent bill. “This is the accident every retail pundit has been waiting for since this dodgy deal was struck almost a

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Reform mania: why is the whole world upgrading its insolvency regimes? Part 1

Partner Steve Parker and Business Risk Adviser Nick Hood write in Corporate Rescue & Insolvency magazine on the insolvency reform mania sweeping the globe. …. suddenly, an unexpected blizzard of reform is obscuring the international insolvency landscape. Since the beginning of September 2015, no fewer than 16 countries have announced or introduced significant changes to their insolvency regimes…..  

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Business growth not just rescue and recovery

Our close associates, Business Finance Services Ltd are featured in the March issue of Northampton’s Business Times: BUSINESS in Northamptonshire is flourishing, or at least that’s how it appears to us at Business Finance Services Ltd.  Demand for our services has never been greater and what is pleasing is that much of that demand is to arrange finance for business growth and

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Opus comments on collapse of FinTech unicorn, Powa Technologies

Business Risk Adviser, Nick Hood comments for City AM on the failure of one of the UK’s FinTech ‘unicorns’, Powa Technologies. “The situation seems to be the rate of cash burn has just outstripped investor willingness to replace it,” said Nick Hood, business risk analyst at Opus Business Services. “Although frankly there is no relevant financial information in the public

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Opus rescues Clacton residential care home with sale to Alliance Care & Support

Opus has secured the future of the Woodboro care home in Clacton through a sale to Alliance Care & Support. Report by Care Home Professional magazine. Tim Dolder, from Opus Restructuring, which handled the sale, said he was glad to have secured the operation for residents and staff. “With the UK residential care sector coming under increasing financial pressure, Opus

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Opus comments on fashion chain Gap’s UK tax arrangements

Business Risk Adviser, Nick Hood comments on the opaque tax affairs of US fashion chain, Gap in the Evening Standard and the Independent. The story was re-run by a number of other national media outlets, including the Daily Mail and the Mirror.   “It’s disappointing to find yet another multinational organising its financial and taxation affairs in such a complex

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