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Quick guide to pre-pack administrations A pre-pack administration is an arrangement pursuant to which a plan relating to the business of a distressed company is negotiated and agreed
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Pre-packaged insolvency (a "pre-pack") is a kind of bankruptcy procedure, where a restructuring plan is agreed upon in advance of a company declaring its Administration - What happens to the employees?
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What is a Prepack Administration A pre-pack administration is when a business is sold by an Administrator to management or a third-party purchaser either immediately upon or within a few days
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A pre pack administration or pre-pack is most suitable when • there are assets exceeding approximately £30000 (this can