A guide to corporate simplification: part 2

In these difficult times saving costs is a key focus of management teams. To help businesses address this challenge, we’ve created this two-part series, providing a guide to what corporate simplification (“CS”) is, why they should consider doing it and how to do it.

Related briefings

Food for thought for UK’s food and drink sector

Will eating in continue to be the new eating out, will the food and drink sector return to where it was before – or will it look different in the ‘new normal’? Brian Burke, director in our restructuring and insolvency team takes a look at the impact of the pandemic and what’s likely to happen next in this sector.

Care and cost: the future for the care-home sector

Healthcare has been top of the agenda globally over the last year. But as an industry sector it declined in 2020, as coronavirus took centre stage, pushing other health issues down the priority list. As the pandemic recedes, recovery is anticipated. But this may be trickier for some segments of the healthcare sector than others. Chris Newell, a managing director in our Restructuring & Insolvency team, looks at the care-home industry, as it seeks to reconcile the twin demands of care and cost, in what are its toughest circumstances to date.

Night-time economy: when will the music play?

Those operating businesses in the night-time economy sector have arguably felt the sharpest and most destructive impact from the global pandemic. And despite the recent launch of the All-Party Parliamentary Group (APPG) in December, there have been claims the sector has seen little to no support from the government in response to the virus.

Retail sector: has Christmas killed the high street and the outlook for 2021

Retailers that have lived to see 2021 will remember 2020 as the worst year the high street has had in the last 25 years with just short of 180,000 retail job losses. COVID-19 is exacerbating the divide between online retailers and the legacy of the “bricks and mortar” businesses who have struggled to establish digital routes to market. So, what will 2021 bring for one of the hardest hit sectors during the COVID crisis?

Is a backlog of insolvencies looming?

Carl Jackson gives his views on the day-to-day issues affecting businesses and what actions they can take to mitigate the challenges.

Latest Briefings

Privy Council emphasizes primary role of trial judge as decision-maker in shareholder disputes

In the context of an unfair prejudice claim, the Privy Council recently overturned the decision of the Eastern Caribbean Court of Appeal and restored the decision of Leon J. of the Commercial Court of the British Virgin Islands, in effect ordering a mandatory buy-out, at a price to be determined by the court, of minority shareholdings by the majority shareholder whose acts were found to be oppressive, unfairly discriminatory and unfairly prejudicial to the minority, pursuant to section 184I of the BVI Business Companies Act.

BVI Company Law Series – Continuations In

In this first of two notes relating to continuations (sometimes referred to as migrations or redomiciliations), we look at the requirements and processes for companies which want to continue from one jurisdiction to the BVI.

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