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Pre-Pack Administration

A Pre-Pack Administration is where the buyer of the business has been lined up and agreed before the date of the Administration order. 

Pre-packs were designed to preserve the value of the business by allowing a very quick sale however they cause controversy because creditors find out about the sale and Administration after the event.  

Click on the following articles to find out more about the different pre-pack administration options available to businesses.

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David Kirk

Licensed Insolvency Practitioner

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