Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Creditors Must Notify Resolution Professional of Debt Transfers During Pre-Pack Insolvency Process Under Relevant Regulation</h1> During the pre-packaged insolvency resolution process, if a creditor assigns or transfers their debt to another party, both the original creditor and the new creditor must inform the resolution professional of the assignment or transfer terms and the identity of the new creditor. This information is required for updating under the relevant regulation.