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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: pre-pack sales

Posted in Real Estate News

The Sun Also Rises on Pre-pack Administration Reform

In 2015, responding to mounting concerns about pre-pack administration sales, a set of voluntary industry measures were introduced to address the perceived lack of transparency and trust in the process – especially when the sale was to a connected party, like a director or shareholder of the company in administration. To encourage compliance, the government