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Pre-packaged administrations: bargains in the shadow of insolvency or shadowy bargains?

By Vanessa Finch

Abstract

Examines the development of administration-related pre-packs, involving agreements between troubled companies and their creditors before statutory administration procedures. Comments on the rise of the pre-pack, their advantages and concerns regarding their use. Highlights the statutory protections available to creditors in troubled companies. Identifies possible control systems to govern pre-packs, focusing on managerial, professional ethics and regulatory approaches, and evaluates their use

Topics: K Law (General)
Publisher: Sweet and Maxwell
Year: 2006
OAI identifier: oai:eprints.lse.ac.uk:14996
Provided by: LSE Research Online
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