Pre-packaged insolvencies – new English standards from 1 December 2016
Australia’s law reform aversion to pre-packaged insolvencies – “pre-packs” – compares with a process of their cautious acceptance and continual refinement in England. A new Statement of Insolvency Practice has been issued in the UK – SIP 13 – Disposal of Assets to Connected Parties in an Insolvency Process, which supports the guidance and rules […]
