In the first of this three part video series, financial journalist James Ashton talks with Chris Newell, a managing director in our restructuring and insolvency team about the end of the furlough scheme and what happens next.

Love or hate them pre-packs are here to stay as part of the global insolvency toolkit: a view that was shared in a recent webinar chaired by Peter Sargent – a consultant in our restructuring team and chair of INSOL’s Small Practice Group. Peter was joined by Jock Baird, INSOL Fellow from Australia, Rocky Ravinder Gupta, from UnitedJuris in India and Stuart Hopewell from Pre Pack Pool Ltd.

As the UK continues to remove the many restrictions on industry and people, some businesses are emerging from hibernation after a very difficult period, especially in the hospitality, retail, leisure, charity, and healthcare sectors. These businesses face many financial, operational, and other challenges, including negotiation and repayment of accrued rent, as well as paying back government support.

An interview with James Ashton and Louise Durkan, Managing Director and Head of Financial Advisory.

In an interview to mark the next stage of our Building financial fortitude programme, James Ashton, a leading financial journalist, speaks to Louise Durkan, a Managing Director and head of our Financial Advisory team, about what the future looks like for businesses as we move further out of lockdown and prepare for the post-pandemic recovery. 

Andrew Watling, a Managing Director in our Southampton office, provides an insight into the background of pre-packs and changes to legislation that are to be introduced from 30 April 2021 in answer to longstanding concerns surrounding their use.

We’re now into the third week of non-essential retailers opening their doors to the public. According to figures from Springboard, footfall at UK retail destinations soared by 155.2 per cent week-on-week, while footfall rose 202.4 per cent in central London on reopening day, compared to the same day in 2019.

The combination of Brexit and the pandemic has done severe damage to several sectors. For agri-businesses, it’s been more the former than the latter, but recovery is on the horizon, despite these and other challenges. Simon Campbell, restructuring specialist and a managing director in our Restructuring & Insolvency team, looks at what the industry has on its plate.

ThirdSpace is the UK’s leading professional services provider of Microsoft identity and cyber security solutions.

Expert Determination (“ED”) is a binding dispute resolution process whereby both parties sign up and agree to have issues in dispute determined by a suitable expert. It is a contractual process. It can be agreed in contract documents prepared before a dispute ever arises or can be later agreed to settle a dispute. It is most appropriate where the issues are not issues of law but are issues that a technical expert such as an accountant or surveyor can determine.