Phoenix Activity - The good, the bad and the ugly - Video Podcast

Phoenix Activity - The good, the bad and the ugly - Video Podcast

Ben Sewell

Legitimate pre-pack insolvency arrangements versus phoenix activity. Pre-pack insolvency arrangements (pre-packs) are still relatively unorthodox in Australia, but are implemented regularly in the UK. If properly planned, pre-packs are legal and allow a business to be rescued through a quick transfer of the assets of the insolvent company.

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