Restructuring using a Pre-Pack? Best not to ask!
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Following the Graham Review on pre-pack administration sales, a new “pre-pack pool” is being formed to assess proposed pre-packs involving connected parties. This is partly to increase transparency of, and public confidence in, such transactions.
Andrew Wilkinson considers the latest developments and the dilemma of whether or not to approach the pre-pack pool, in an article published today in Insolvency Today and Credit Today.
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