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TURNAROUND, RESTRUCTURING & INSOLVENCY NEWS

Gourmet Burger Kitchen sold via pre-pack

Gourmet Burger Kitchen sold via pre-pack

16 Oct 2020Marcel LeGouais
Deloitte has saved Gourmet Burger Kitchen (GBK) in a pre-pack rescue deal funded by the Boparan Restaurant Group
Lowell posts “resilient” collections performance, as cash EBITDA rises

Lowell posts “resilient” collections performance, as cash EBITDA rises

16 Oct 2020Lauren Tavener
Debt purchaser Lowell has posted results showing a steadily improved collections performance for the three months to September, as the business resumed legal collections and increased outbound contact with customers
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Most recent in TRI

Most recent in TRI

Gourmet Burger Kitchen sold via pre-pack

Gourmet Burger Kitchen sold via pre-pack

16 Oct 2020
Deloitte has saved Gourmet Burger Kitchen (GBK) in a pre-pack rescue deal funded by the Boparan Restaurant Group
Prime Minister’s announcement is a “hammer blow” for hospitality

Prime Minister’s announcement is a “hammer blow” for hospitality

23 Sep 2020
The Prime Minister’s announcement that people should work from home and stay out of town centres will be a hammer blow for the hospitality, retail and leisure sectors, says tax and advisory firm Blick Rothenberg
IPs warned over risk of poor data management 

IPs warned over risk of poor data management 

23 Sep 2020
Insolvency practitioners have been warned they could face huge fines for non-deletion and management of data belonging to the insolvent companies they’re appointed on
RSM advises on two deals saving over 700 jobs

RSM advises on two deals saving over 700 jobs

23 Sep 2020
RSM has advised on the restructurings of the Thai Leisure Group and Aldo UK, preserving over 700 jobs and protecting over £30m of investment
CVAs crucial to economic recovery, says CVR Global

CVAs crucial to economic recovery, says CVR Global

23 Sep 2020
Company voluntary arrangements (CVA) are going to be vital in the UK economy’s recovery over the coming months, according to an insolvency practitioner from CVR Global

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Personal and corporate insolvencies begin to climb

Personal and corporate insolvencies begin to climb

16 Oct 2020Lauren Tavener
Company insolvencies increased by 19% in September compared to August, while bankruptcies and debt relief orders (DROs) also began a substantial rise
Peacocks and Austin Reed owner on brink of administration, risking 21,500 jobs

Peacocks and Austin Reed owner on brink of administration, risking 21,500 jobs

13 Oct 2020Lauren Tavener
Edinburgh Woollen Mill Group (EWM), owner of the Peacocks, Jaeger and Austin Reed fashion chains, has filed a notice of intention to appoint administrators
Analysis: NAO lifts lid on fraud, recoveries and default risks in bounce back loans

Analysis: NAO lifts lid on fraud, recoveries and default risks in bounce back loans

09 Oct 2020Lauren Tavener
The full National Audit Office (NAO) report on bounce back loans has revealed inherent flaws that left the scheme open to mass fraud and the risks for taxpayers of footing a £26bn bill for write-offs
CBILS to trigger a wave of complaints  

CBILS to trigger a wave of complaints  

25 Sep 2020Marcel LeGouais
The Business Banking Resolution Service is gearing up for a flood of complaints from companies about the Coronavirus Business Interruption Loan Scheme (CBILs)

TRI 250 - an index of influence and best practice

Index of influence in turnaround, restructuring and insolvency
Chris Campbell

Chris Campbell

Investment Director
rcapital
Frances Coulson

Frances Coulson

Senior Partner Head of Insolvency & Litigation
Moon Beever LLP
Kirstie Provan

Kirstie Provan

Partner
Begbies Traynor Group
Neal Weekes

Neal Weekes

Director
Gordon Brothers
Steven Cooklin

Steven Cooklin

Chief Executive
Manolete Partners
See all TRI 250 members

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