TITLE

REFORMING PRE-PACKS

AUTHOR(S)
TAYLOR, ANDREW
PUB. DATE
June 2013
SOURCE
Accountancy;Jun2013, Vol. 150 Issue 1438, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The article looks at business bankruptcy law in Great Britain, as of June 2013. The author lauds a review being undertaken by the British government of pre-pack administrations, or business bankruptcies in which the sale of a financially troubled business is completed immediately upon the administration, or bankruptcy, proceeding. He suggests changes which he claims would maintain and strengthen such administrations.
ACCESSION #
88049503

 

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