Review of the pre-pack industry measures: Reconsidering the connected party sale before the sun sets

Umfreville, Christopher (2018). Review of the pre-pack industry measures: Reconsidering the connected party sale before the sun sets. Insolvency Intelligence, 31 (2), pp. 58-63.

Abstract

Following publication of the Graham Review into Pre-Pack Administration in June 2014, a number of industry-led reforms to the conduct of Pre-Pack Administrations were introduced. The contemporaneous introduction of paragraph 60A to Schedule B1 of the Insolvency Act 1986 allowed the Government to review the efficacy of these reforms and take further action with regard to connected party sales in administration by May 2020 should there be outstanding issues. In light of the Insolvency Service announcing the review of these measures in December 2017, this paper considers the nature and impact of the industry-led reforms introduced in 2015 and makes recommendations for further reform to fully address the issues identified by the Graham Review.

Divisions: Aston Business School > Law Research Group
Aston Business School > Law
Additional Information: This is a pre-copyedited, author-produced version of an article accepted for publication in [insert journal title] following peer review. The definitive published version [insert complete citation information here] is available online on Westlaw UK or from Thomson Reuters DocDel service
Uncontrolled Keywords: Administration,Pre-Pack,Pre-Pack Pool,Graham Review,Insolvency,Insolvency Act 1986,Administrator
Accepted Date: 2018-01-15
Published Date: 2018-07-01
Authors: Umfreville, Christopher

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