A pre-arranged sale by a company in administration of its business or assets (or both) that completes either immediately upon the appointment of the administrators or shortly after the administrators are appointed. For more information about pre-packs in administrations, see Practice note, Pre-packs in administration: overview.

For more information about buying the business and assets of a company in administration, see Practice note, Buying the business and assets of an insolvent company and for a precedent form of sale agreement capable of use in a pre-pack sale, see Standard document, Agreement for the sale of business and assets by a company in administration (2018 revision).