Mon, 27 Jun 2011 | BUSINESS NEWS
Government proposals are piling the pressure onto [prepack] administration deals, in a move that could help to open the market to more business buyers who are interested in the distressed market.
The draft statutory instrument would require companies to give creditors several days' notice of a prepack. Business Sale Report welcomes this change, claiming it would create opportunities for interested parties to bid on businesses in administration.
Prepack deals effectively allow managers to buy their companies free of debt. They have received praise for their ability to preserve goodwill, but criticised for skewing competition with rival companies.
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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