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1204238
registered interest false more like this
date less than 2020-06-16more like thismore than 2020-06-16
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Insolvency more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have to address the Pre Pack Pool Oversight Group’s suggestion that the Pre Pack Pool is “unsustainable” unless referrals of pre-pack sales to the Pool are made mandatory. more like this
tabling member printed
Lord Mendelsohn remove filter
uin HL5794 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-29more like thismore than 2020-06-29
answer text <p>There has been a very low number of referrals to the Pre-Pack Pool which was set up by industry to provide opinions on a voluntary basis on pre-pack sales in administration to connected parties.</p><p> </p><p>However, the Government continues to work with regulators and industry stakeholders to discuss options for strengthening the professional standards for insolvency practitioners to give greater assurance to creditors where a sale is to a connected party.</p> more like this
answering member printed Lord Callanan more like this
question first answered
less than 2020-06-29T15:17:40.463Zmore like thismore than 2020-06-29T15:17:40.463Z
answering member
4336
label Biography information for Lord Callanan more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this