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Wednesday, 13 June 2012

Pre pack administration - What actually happens and when

The pre pack administration process is perhaps better explained using a diagram! 

KSA Group has just revamped its flowcharts that help people to understand the insolvency mechanisms.  Next up is the pre pack administration.  This involves various stakeholders and contrary to popular belief it does not actually happen overnight.  There needs to be a fair amount of preparation and planning to successfully complete a pre pack.

Click here to download the full flowchart.

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