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Pre-pack and go

Good news is no news, and never more so than when major retailers go into administration. Major administrations can be long and drawn out, with creditors trying to net as much of the company repayments as possible. The media focus is almost inevitably on how much money the administrators will be grabbing, at the expense of jobs lost in the process. In this melee, it’s often forgotten that there are tools available to help the administration process move quickly and with minimum job losses. (more…)

Category : Corporate Insolvency,Insolvency news — Tags: , , — admin @ 10:09 am November 4, 2009