Insolvency practitioner Gavin Jones discusses the kind of damages that might be claimed from a holding company or its directors in the event of the insolvency of a subsidiary ? and the defences that might be available to mitigate these.
Reports claim a group of retail investors are in talks to rescue Jacques Vert owner Style Group Brands through a pre-pack administration. This follows the acquisition of Agent Provocateur out of administration in a similar deal in March this year. But what exactly does a pre-pack entail?