Pre-pack reforms delayed until 2012

Arrans' News Blog

Insolvency news and updates on services provided

Aug 25

Pre-pack reforms delayed until 2012

Posted by: Robert Gibbons

The Insolvency Service has confirmed that the proposed changes requiring notification of creditors where a company is sold to a connected party will not come into effect until April 2012.

The Government had previously indicated that the changes would have been implemented before the end of this year.

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