Pre pack administration

UK insolvency law - administration.

Pre pack administration is an insolvency procedure where a company:

arranges to sell its assets to a buyer

before appointing an administrator to facilitate the sale.

It can be a way to avoid a successful winding up petition and subsequent liquidation.

However, pre pack administration is not permitted after a winding up petition has been issued.

See also

• Administration
• Insolvency
• Liquidation
• Winding up petition