Legal News

Keeping pre-packs afloat

Published on: 17 June 2016
Published by: LexisPSL
  • Keeping pre-packs afloat
  • The Pool—the story so far
  • Success criteria
  • Practical steps IPs can take to ensure the success of the Pool and Viability Statement
  • Beyond the Pool—measuring the success of the 2015 reforms

Article summary

Restructuring & Insolvency analysis: When Teresa Graham published her independent report into pre-pack administrations in June 2014, she concluded that there was, at that time, no need for legislative intervention. Instead, she expressed the hope that the insolvency industry would back her six recommendations on how to improve confidence and transparency in ‘connected party’ pre-packs—broadly, where the former directors or owners are the buyers. Paul Sidle, Rebecca Jarvis, Richard Bussell, Richard Hodgson and Mandip Englund of Linklaters discuss the recommendations. or take a trial to read the full analysis.

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