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Pack up your troubles in a pre-pack bag landlords, tenants and pre-packaged administrations

By: Contributor(s): Language: English Series: Lovells Real Estate Quarterly ; Spring 2009, 4-6(3) Publication details: 2009Subject(s): Summary: Examines the current growth in pre-packs, the pre-packaging of a business for sale before it enters the insolvency process and then using that process to rescue the business and shed unwanted assets. Looks at the rescue culture and administration, the buyer, the mechanics of pre-pack administration and the Insolvency Service's SIP 16 questionnaire. Comments in conclusion on the strengths and weaknesses of the pre-pack.
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Journal article London Journal article L147574 (Browse shelf(Opens below)) 1 Available 147574-1001

Examines the current growth in pre-packs, the pre-packaging of a business for sale before it enters the insolvency process and then using that process to rescue the business and shed unwanted assets. Looks at the rescue culture and administration, the buyer, the mechanics of pre-pack administration and the Insolvency Service's SIP 16 questionnaire. Comments in conclusion on the strengths and weaknesses of the pre-pack.