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Monthly Archives: March 2013

20 Mar

Posted in
General news

Creditors could be Given Notice Ahead of Pre-pack Deals

Opponents of so called ‘pre-pack’ administrations have been boosted by the launch of an independent review which could see creditors finally given a grace period to challenge the controversial deals. Pre-pack insolvency is a kind of bankruptcy procedure where a restructure plan is agreed in advance to a company declaring its insolvency; typically agreeing the […]

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