by Paul Brindley | Jan 20, 2023 | Administration, Advice to Directors
A pre-pack is a process in which a company’s assets and operations are sold to a new owner shortly before or after the company enters into insolvency or bankruptcy. The main advantage of a pre-pack is that it allows a company to continue operating while shedding...
by Paul Brindley | May 16, 2020 | Administration, Advice to Directors, CVLs
Some questions and answers to explain phoenixism… Introduction Phoenixism has a bad reputation in the minds of people who have never gone through it as an owner / manager of a business which has been owed money by a company that’s done it. But a bit like going to the...