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Sophie Waples

Sophie Waples is a senior associate and both are member of the Global Restructuring Group of Allen & Overy LLP in London. Email: sophie.waples@allenovery.com

sophie.waples@allenovery.com

Articles by author

The new pre-pack regulations and the impact on secured lenders

If secured lenders (who fall within the definition of connected persons) and their advisers engage the evaluator prior to the commencement of administration and ensure open communication lines among themselves, the evaluator and the would-be administrator then the goal of increasing transparency in the pre-pack process would likely be advanced in a manner consistent with the efficient execution of a pre-pack sale.

1 JUL 2021