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    Last orders? Restaurant insolvencies up 64% in the last year
    2022-07-25

    New data from UHY Hacker Young has found that UK restaurant insolvencies have increased by 64% in the last year... and it isn't just Covid that's to blame (though undoubtedly it is a factor). As eloquently put by a partner at UHY: "The restaurant sector has emerged from one crisis only to face an onslaught of other challenges."

    Filed under:
    United Kingdom, Insolvency & Restructuring, Leisure & Tourism, Charles Russell Speechlys, Coronavirus, Food and beverage, Restaurants & bars
    Authors:
    Jessica Williams
    Location:
    United Kingdom
    Firm:
    Charles Russell Speechlys
    Review of company voluntary arrangements (“CVAs”)
    2022-07-01

    On 28 June 2022 the Insolvency Service published a report it had commissioned from RSM UK to assess the impact that CVAs were having on commercial landlords (the “Report”).

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Hogan Lovells, Landlord, Food and beverage, Company voluntary arrangement
    Authors:
    Alex Snell , James Maltby , Margaret Kemp
    Location:
    United Kingdom
    Firm:
    Hogan Lovells
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