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Peer to peer lender enters administration
Damian Webb

24 May 2019

Damian Webb, Phillip Sykes and Mark Wilson of RSM Restructuring Advisory LLP were today (24 May) appointed joint administrators of three companies within the Lendy Group, operators of a peer to peer secured property lending platform.

Corporate insolvencies on the rise
Graham Bushby

30 April 2019

New figures from the Insolvency Service show there were 4,187 total underlying company insolvencies in England and Wales in Q1 2019, a rise of 6.3 per cent on the last quarter and up 5.1 per cent on the same quarter last year.

Yorkshire-based development company goes into administration
Damian Webb

Jamie Miller and Damian Webb of RSM Restructuring Advisory LLP were appointed Joint Administrators of both Mederco Block A Limited and Mederco (Huddersfield) Limited (the Companies) on 28 March 2019.

Difficult decisions ahead for universities in financial distress
Lindsey Cooper

29 March 2019

Lindsey Cooper, a restructuring partner at RSM, comments on this week's report in The Times that the Government is seeking to recruit a policy expert on higher education financial sustainability.

Bridgend-based medical tech firm enters administration and stops trading
Graham Bushby

29 March 2019

Graham Bushby and Nick Edwards of RSM Restructuring Advisory LLP have been appointed joint administrators of insulin pump manufacturer Cellnovo Limited. Cellnovo Ltd is the UK affiliate of French company Cellnovo Group SA which is listed on the Euronext Paris exchange.

RSM comments on anticipated Interserve administration
Graham Bushby

15 March 2019

Graham Bushby, RSM's head of restructuring, comments on the anticipated administration of Interserve plc.

Winds of Change - is retailing as we know it over?
Damian Webb

07 March 2019

Imagine a business model in which you broadly break even for most of the year and rely on one six-week window in which you make most of your profits. That doesn’t sound so appealing to an investor, does it? Welcome to the world of retail.

When the tide goes out
Damian Webb

01 March 2019

In 2008 and thereafter it was the world’s Bank’s who faced significant impairments and losses as a result of their prior irresponsible lending. This necessitated global government intervention to support the banking sector to prevent the failure of leading institutions. A condition of this government support was increased regulation and actions to prevent 'irresponsible' lending by Banks.

No deal Brexit could complicate cross border debt enforcement, warns RSM
Chris Hardy

14 February 2019

Lenders could find it much harder to enforce cross border debts in the event of a no deal Brexit, RSM has warned.

RSM responds to Q3 Scottish insolvency statistics
Paul Dounis

24 January 2019

The statistics released today by the Accountant in Bankruptcy show that personal insolvencies increased by 4 per cent compared to the same quarter in 2017 and 2018 and corporate insolvencies had also increased by 18 per cent. Paul Dounis, RSM restructuring advisory partner in Scotland, comments.

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