Two Years of UK Pre Pack Regulation
Criticisms of pre pack administrations have often arisen where buyer is connected to insolvent company, there has been a limited and short marketing process, the purchase price doesn't appear from the outside to reflect the value of the business.
Akshata Murty Administration Restrictions On Disposal Re Australian Property Custodian Holdings Limited Connected Persons Got Here Insolvency Act
Source: natlawreview.com