The noise around pre-packs continues. Used in the context of administration, a pre-packaged sale out of an insolvency often gives the best return to creditors. Not all creditors are convinced however, and the UK Government keeps a watching brief on pre-pack use and abuse.
So how do you best protect yourself as an IP, while ensuring that creditors are getting the best possible outcome?
SIP 16 sets out the framework and the principles to which we should adhere, and this course looks at why you might do a pre-pack, how best to structure one and how to apply in practice the SIP 16 requirements.
This course is aimed at licenced Insolvency Practitioners and their staff, who are looking for a comprehensive introduction or update on pre-packs and best practice.