Pre-packs here to stay…but "clean-up" recommended

On 16 June 2014, the British Government published the findings and recommendations of an independent review into pre-pack administrations (pre-packs), carried out by Teresa Graham CBE. The review was commissioned by Vince Cable, the Secretary of State for Business, Innovation and Skills, to address continued disquiet about the merits of pre-packs, particularly among unsecured creditor groups. Click here to read more