What are pre pack insolvencies?
A pre pack insolvency is a process for the handling of an insolvent company’s assets and is put in place before the company goes into a formal insolvency process. Most commonly it is used as an insolvency service in conjunction with either the administration order or a type of liquidation help e.g. Company Voluntary Arrangement, Members Voluntary Liquidation, Creditors Voluntary Liquidation etc…
