Insolvency
(asked on 16th June 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what plans they have to make it mandatory for large businesses to notify the Pre Pack Pool of proposed Pre-pack administration deals.
This question was answered on 29th June 2020
The Insolvency Service continues to work with regulators and industry stakeholders to discuss options for strengthening the professional standards for insolvency practitioners and give greater assurance to creditors where a sale in a prepack administration is to a connected party.