"Chris helped me draft the perfected grounds for appeal and the skeleton argument. All were submitted."
— Regine from Wembley
Pre-pack administration gets a bad press that often says more about the critic than the tool. When jobs are preserved, customers continue to be served, and unsecured creditors receive more than they would from a liquidation, a pre-pack has done its job. The drafting around it must bear that scrutiny.
Work alongside your Insolvency Practitioner — not against them. The IP role is statutory and cannot be replaced. What Chris replaces is the £200–£400 per hour of solicitor or paralegal drafting that surrounds the IP’s work. Directors who arrive with clean drafts get faster, cheaper outcomes.
Redraft to Queen’s English perfect — pounds singular, not thousands multiplied.
When pre-pack fits
- Business has value as a going concern — customer contracts, brand, workforce, trade
- That value would be destroyed by a public administration or liquidation
- A buyer is ready and the sale price is defensible against market valuation
- Existing directors (or a connected third party) are the logical buyer or a genuine third party is willing
The statutory framework
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- Insolvency Act 1986 Schedule B1 — administration
- Administration (Restrictions on Disposal etc to Connected Persons) Regulations 2021 — the connected-party pre-pack rules
- SIP 16 — administrator disclosure obligations
The 2021 reforms
Post-Graham Review, connected-party pre-packs require:
- Referral to the Pre-Pack Pool, or
- A “qualifying report” from an independent evaluator
- Administrator’s SIP 16 statement within 7 days of sale
- Detailed creditors’ report justifying the course of action
Let Chris draft the document pack
Arrive at your IP meeting with proposal, statement of affairs, and creditor correspondence already drafted. The IP reviews, signs off, administers. Your total legal cost drops by thousands.
The documents
Pre-appointment
- Directors’ board minutes documenting insolvency, consideration of alternatives, rationale for pre-pack
- Valuation evidence — independent where possible
- Sale contract heads of terms
- Pre-Pack Pool referral (if connected-party)
- Administrator’s pre-appointment advice file
Appointment and sale
- Notice of intention to appoint administrators
- Notice of appointment
- Sale contract executed
- TUPE information and consultation records
Post-sale
- SIP 16 statement — full disclosure of the sale process
- Administrators’ proposals to creditors within 8 weeks
- Creditor decision on proposals
Common criticism — and how clean drafting defeats it
Pre-packs to connected parties attract scrutiny. The three clean-drafting moves:
- Robust marketing record — evidence the business was marketed, offers invited, alternatives tested
- Independent valuation — multiple if possible
- Pre-Pack Pool or qualifying report — not optional under the 2021 reforms
What Chris drafts for the pre-pack
- Directors’ board minutes with insolvency tests applied
- Sale contract heads of terms
- TUPE consultation framework
- Creditor communication pack
- Response to SIP 16 disclosure issues
- Evidence pack for Pre-Pack Pool referral
Hybrid £1,000 is the right tier — the exposure is high and qualified-reviewer sign-off protects the directors’ personal position.
Prepare to win. Plan not to fail.
Pre-packs that survive scrutiny are pre-packs that were drafted to survive scrutiny from the first board minute onwards.
Elite drafting, whoever drafts.
Chris drafts the documents your IP needs — and the ones solicitors would otherwise bill separately. Refund before we file a document that isn’t ready.
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