Industry welcomes promise of a fairer deal on pre-packs


 

The RHA has welcomed the government’s decision to investigate the pre-pack administration process after the Insolvency Service announced a review that aims to make the procedure more transparent for creditors. RHA chief executive Geoff Dunning told MT the review needs to look into balancing the needs of both creditors and the company. The association is also encouraging traffic commissioners to look more closely at trading history before granting an O-licence to a firm that has emerged from the process. Dunning […]