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can a creditor take action following a pre-packaged administration?

13/06/2016

The traditional view, repeated ever since pre packs were introduced, has generally been no and, subject to recoveries by the office holders, the debt was lost without recourse.

However, following the High Court’s decision last year in CFE & Anor v Bibby Financial Services Limited, the advice to creditors may be somewhat different in the future.

Please join Simon Walton of Rosenblatt and Nicholas Trompeter of Selborne Chambers to talk about the case, and to discuss the potential cause of action of unlawful means conspiracy in the context of pre packaged administrations.

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