Unpacking the pre-pack: A study into the consequences of a business sale in administration

Research output: Book/ReportBookScientific

Abstract

In this book, Steffie analyzes the legal normative framework of the pre-pack, including the changes proposed by the legislative proposal WCO I. The central question in this study is whether a pre-packaged administration leads to different outcomes compared to a more traditional administration involving a going concern sale. On the basis of a number of criticisms and success factors of the prepack, she investigates the application of the pre-pack in practice, making a (statistical) comparison between the consequences of a pre-pack sale and a more traditional business sale in administration. The results from the empirical research offer relevant insights for both literature and (legal) practice and may contribute to the evaluation of the pre-pack in practice and the current WCO I, especially since both the pre-pack and the WCO I have been called into question in response to the judgment of the European Court regarding the Estro-case. This book can provide clarity about whether the pre-pack is worth fighting for.
Translated title of the contributionUnpacking the pre-pack: A study into the consequences of a business sale in administration
Original languageDutch
PublisherCelsus juridische uitgeverij
Number of pages172
ISBN (Print)978-90-8863-244-0
Publication statusPublished - Feb 2019

Fingerprint

sale
legal usage
empirical research
criticism
evaluation

Keywords

  • pre-pack
  • Estro
  • WCO I
  • Wet continuïteit Ondernemingen
  • doorstart
  • Smallsteps

Cite this

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title = "Unpacking the pre-pack: Een onderzoek naar de gevolgen van een doorstart",
abstract = "In this book, Steffie analyzes the legal normative framework of the pre-pack, including the changes proposed by the legislative proposal WCO I. The central question in this study is whether a pre-packaged administration leads to different outcomes compared to a more traditional administration involving a going concern sale. On the basis of a number of criticisms and success factors of the prepack, she investigates the application of the pre-pack in practice, making a (statistical) comparison between the consequences of a pre-pack sale and a more traditional business sale in administration. The results from the empirical research offer relevant insights for both literature and (legal) practice and may contribute to the evaluation of the pre-pack in practice and the current WCO I, especially since both the pre-pack and the WCO I have been called into question in response to the judgment of the European Court regarding the Estro-case. This book can provide clarity about whether the pre-pack is worth fighting for.",
keywords = "pre-pack, Estro, WCO I, Wet continu{\"i}teit Ondernemingen, doorstart, Smallsteps",
author = "{van den Bosch}, Steffie",
year = "2019",
month = "2",
language = "Dutch",
isbn = "978-90-8863-244-0",
publisher = "Celsus juridische uitgeverij",

}

Unpacking the pre-pack : Een onderzoek naar de gevolgen van een doorstart. / van den Bosch, Steffie.

Celsus juridische uitgeverij, 2019. 172 p.

Research output: Book/ReportBookScientific

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