New Guidance on Pre-packaged Sales in Administrations

On 1 January 2009, the Statement of Insolvency Practice 16 (E&W) titled “Pre-packaged sales in administrations” came into effect.  This SIP is one of a series of guidance notes issues to licensed insolvency practitioners, with a view to maintaining standards by setting out required practice and harmonising practitioners' approach to particular aspects of insolvency.

Location: UK