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Job losses are expected to rise but how many businesses can afford the cost of redundancies?
Lindsey Cooper

31 July 2020

As the Coronavirus Job Retention Scheme comes to end and short-term funding boosts run out, we are starting to see the inevitable - restructuring by companies as they look to downsize and align themselves to a post-Covid market.

Contractual Suppliers - restriction on right to enforce termination clauses in supply contracts by reason of customer insolvency
Lindsey Cooper

21 July 2020

The Corporate Insolvency and Governance Act 2020, which came into force of 26 June 2020, contains a ban on the operation of termination clauses in supply contracts for the supply of goods and services because the company receiving the supplies has entered an insolvency procedure (known as Ipso Facto clauses). It also prevents supplier companies from doing “any other thing” in respect of that supply contract, including varying the terms of the contract, increasing prices or seeking to enforce a guarantee.

Higher Education needs to consider all options from mergers to insolvency in the current climate
Lindsey Cooper

09 July 2020

The recent report from the Institute for Fiscal Studies paints a fairly gloomy picture for Higher Education and identifies that up to thirteen establishments may be at risk of insolvency.

CIGA 2020: will the new insolvency law help businesses stay afloat?
Lindsey Cooper

01 July 2020

The Corporate Insolvency and Governance Act 2020 (CIGA 2020) sped through drafting and parliament in a matter of weeks, but how effective will it be at saving businesses throughout the coronavirus crisis?

Four key takeaways from the Corporate Governance and Insolvency Bill
Lindsey Cooper

22 May 2020

The Corporate Governance and Insolvency Bill amends the current UK insolvency and company laws to help businesses deal with the impact of coronavirus. But what are the measures and how will they affect businesses?

RSM responds to Government measures to protect higher education sector
Lisa Randall

04 May 2020

Today the Government announced a range of measures to protect the higher education sector which will be seen as a positive step for most university providers.

St Helens-based soft furnishings business enters administration
Lindsey Cooper

Lindsey Cooper and Chris Ratten of RSM Restructuring Advisory LLP were appointed Joint Administrators to St Helens-based soft furnishings manufacturer Ena Shaw on 11 February 2020.

71 higher education institutions subject to enhanced financial monitoring
Lindsey Cooper

26 November 2019

This week's university strikes have once again put the spotlight on the financial pressures facing the UK's higher education sector. The latest report from the Office for Students (OfS) has revealed that 71 higher education institutions are now subject to enhanced monitoring requirements amid concerns around their financial viability and sustainability.

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.

Will we be holidaying 'on the buses' post-Brexit?
Lindsey Cooper

07 March 2019

The logistics of getting exports in and out of the UK have been discussed widely, but what about holidaymakers looking to explore Europe on a coach or bus?

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