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12th February 2009, Page 20
12th February 2009
Page 20
Page 20, 12th February 2009
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Making The Most Of The Assets

Pre-packaged administrations have come to the fore following the events at Bulmers Logistics. But what is a 'pre-pack', and why are hauliers who are facing insolvency looking at......

What Is A Pre-packaged Administration?

In a pre-packaged administration, a deal for the sale of an insolvent company's business and/or assets is put in place before the company goes through a formal insolvency......