2.50
Hdl Handle:
http://hdl.handle.net/2436/26332
Title:
Pre-packaged Administrations - Trick or Treat?
Authors:
Walton, Peter
Abstract:
Discusses how the US idea of pre-packaged, or execution only, administration has been approached in the UK, involving deals that have already been agreed before a company enters administration. Comments on the use of pre-packs in the US. Explores the use of pre-packs in the UK and the possible grounds for challenging their existence, focusing on: (1) whether the Insolvency Act 1986 permits pre-packed administration; (2) the possibility that pre-packs may cause administrators to act in breach of duties, including statutory duties and conflict of interest issues; and (3) whether fees for pre-administration work could be claimed as expenses of the administration. (Legal Journals Index)
Citation:
Insolvency Intelligence, 19(8): 113-122
Publisher:
Sweet and Maxwell Ltd.
Journal:
Insolvency Intelligence
Issue Date:
2006
URI:
http://hdl.handle.net/2436/26332
Additional Links:
http://www.sweetandmaxwell.co.uk/Catalogue/JournalDetail.aspx?prodid=6958
Type:
Article
Language:
en
ISSN:
ISSN 0950-2645
Appears in Collections:
Legal Studies Research Group ; Legal Studies Research Group

Full metadata record

DC FieldValue Language
dc.contributor.authorWalton, Peter-
dc.date.accessioned2008-05-15T14:00:20Z-
dc.date.available2008-05-15T14:00:20Z-
dc.date.issued2006-
dc.identifier.citationInsolvency Intelligence, 19(8): 113-122en
dc.identifier.issnISSN 0950-2645-
dc.identifier.urihttp://hdl.handle.net/2436/26332-
dc.description.abstractDiscusses how the US idea of pre-packaged, or execution only, administration has been approached in the UK, involving deals that have already been agreed before a company enters administration. Comments on the use of pre-packs in the US. Explores the use of pre-packs in the UK and the possible grounds for challenging their existence, focusing on: (1) whether the Insolvency Act 1986 permits pre-packed administration; (2) the possibility that pre-packs may cause administrators to act in breach of duties, including statutory duties and conflict of interest issues; and (3) whether fees for pre-administration work could be claimed as expenses of the administration. (Legal Journals Index)en
dc.language.isoenen
dc.publisherSweet and Maxwell Ltd.en
dc.relation.urlhttp://www.sweetandmaxwell.co.uk/Catalogue/JournalDetail.aspx?prodid=6958en
dc.subjectInsolvencyen
dc.subjectInsolvency Act 1986en
dc.subjectEnterprise Act 2002en
dc.subjectInsolvency Rules 1986en
dc.subjectBreach of fiduciary dutyen
dc.subjectBreach of statutory dutyen
dc.subjectConflict of interesten
dc.subjectAdministrators powers and dutiesen
dc.subjectExpensesen
dc.subjectFeesen
dc.subjectUKen
dc.subjectUSAen
dc.subjectCompany administrationen
dc.subjectPre-packaged administrationen
dc.titlePre-packaged Administrations - Trick or Treat?en
dc.typeArticleen
dc.identifier.journalInsolvency Intelligenceen
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