Pre-Pack (ready-made liquidation)

For businesses facing certain closure even with the application of a recovery procedure, the Pre-Pack, i.e. a ready-made liquidation procedure, may be a remedy.

The debtor may, as early as at the time of filing for bankruptcy, present an offer from an investor for the purchase of the undertaking, an organised part thereof or certain assets having an economic value.

The Pre-Pack is designed to preserve the business as a whole or a substantial part thereof.

It can lead to a quick and profitable monetisation of the debtor’s assets and high creditor satisfaction. In certain circumstances, the Pre-Pack may give the existing owners of the business a chance to “stay in the game”.

How can we assist you?

  • Provide legal support at the stage of making the decision of whether or not to use the Pre-Pack (involving a legal analysis of the benefits and risks associated with a given situation);
  • Provide support in searching for and conducting talks with investors and negotiating the terms and conditions of sale;
  • Prepare for the initiation of court proceedings (including asset valuation aspects);
  • Provide comprehensive representation in court proceedings.

Contact us:

Rafał Rapala

Rafał Rapala

Attorney at Law, Partner, Head of Corporate Practice, Shareholders Conflicts

+48 608 444 650