your apparently should be a "maybe they were, we think they were but we don't keep any records of money, oh crumbs is that our landlord!"

heh @ sumo

I'm surprised they didnt go the the whole hog and CVA the landlords into next week

"Pre-packs are notorious for enabling a purchaser to buy a business free of its liabilities, potentially leaving creditors in the lurch. Its use has led to accusations that Ince Gordon Dadds engaged in sharp practise."

I believe the real world calls it "rational behaviour". 

or just "hey Capitalism" 

So any corporate seller/buyer can arrange for the target co to be put into administration and the buyer to purchase via a pre-pack, regardless of the actual financial health of the target?  

depends on the nature of the business and its condition and who is pulling the strings/has the right to appoint an administrator i'd have thought.,

If anything untoward has been done, I hope Ince get screwed. 

Kimmy. No. The target has to be extremely unwell.

So I thought, buzz.

I wasn't really thinking "crashed into administration" I was thinking more that agrred to go into a voluntary windup.... which now I come to think of it was a bit dumb of me