Pre-Pack Insolvency Deals Reviewed by Business Minister Jenny Willott
On 16 June 2014 the Business Minister, Jenny Willott, announced new recommendations which will make sure businesses and customers get a better deal from failing companies. In July 2013 Theresa Graham...
View ArticleSports Direct Under Investigation For Pre-pack Administration Of USC
An investigation is being undertaken by the government’s Insolvency Service in relation to Sports Direct and the administrators for the former fashion retailer USC. The investigation has come about...
View ArticleScores Of Jobs Saved At Lancashire-based Business
Statestrong Limited, a company which produces aerosols and liquids for the automotive, beauty, and household industries has been acquired in a pre-pack administration deal saving around 80 jobs....
View ArticleNew Pre Pack Pool Aims to Cleanse the Muddy Waters of Pre-packaged Insolvency
Introduction Following a review in 2014 which highlighted the need for greater transparency for creditors caught up in pre pack sales, a revised version of the Statement of Insolvency Practice (SIP 16)...
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