March insolvency stats: Worrying increase in business closures
Shocking corporate insolvency figures for March just published by the Insolvency Service have revealed the magnitude of the problems faced by businesses up and down the UK as
administration
What happens to non-current assets in an insolvency situation?
In our first article in this series, we looked at the mystery of why apparently solvent companies end up heavily devalued and paying almost nothing to their unsecured
Why does insolvency reduce business value?
One of the great commercial puzzles is why the unsecured creditors of an apparently healthy business end up only recovering pennies in the pound on their debts and
A review of 2022 complex international insolvency cases – the challenges and how they were addressed
What do the collapse of a major cryptocurrency exchange, Britain’s allegedly biggest-ever personal insolvency and the devastation of one of Russia’s major gold mining businesses by post-Ukraine invasion
Opus rescues Valeside Catering after its failed acquisition
Successful catering business with health revenue Valeside Catering Contracts Limited, a business incorporated in 2002 had been a successful husband and wife catering company, servicing a number of
Why administration isn’t always the right business rescue route
A perfect illustration – a road haulage business rescue When a well-established road haulage business came to Opus for advice, the question posed was simple enough: do we