Pre-Packs: Can You See Us For What We Are Now?
By EsqSocial Corporation 27/04/21
Pre-packaged sales are often used as a rapid and discreet method to rescue a company, providing business continuity and preserving value. After years of heavy criticism due to the lack of transparency associated with such sales, the approach to pre-packaged sales will be amended by virtue of the Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021 (the “Regulations”)......
By: Morrison & Foerster LLP