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 assessment they have made of (1) the effectiveness of the Pre Pack Pool, and (2) the proportion of eligible cases being referred for review dropping to 10 per cent, according to the Pre-Pack Pool’s latest Annual Report.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 29th June 2020
The Pre-Pack Pool is one of a number of voluntary measures introduced in November 2015 to improve transparency and confidence in pre-pack sales in administration. The Insolvency Service has carried out an assessment of the impact of these measures and will publish its findings in due course.