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TUPE revision is good news but won't stop phoenixes

The thorny issue of pre-packs has raised its head again, following last month's Employment Appeal Tribunal ruling that means staff at a company bought out of administration in a pre-pack deal are now protected by TUPE.

Clunky proposals won't help creditors or stop phoenixing

I am certain the government's new proposals will go some way to quell growing unrest about pre-packs, but am concerned the practical outcome will be 'phoenixing' in a different form and a reduction in returns to creditors. Some of the proposed measures appear badly thought out when we should be focusing on returns to creditors, not the apparent emotional displeasure of entrepreneurs being allowed a second chance.

An interview with Kodak CEO Antonio Perez

Despite the challenge of a Chapter 11 bankruptcy, Kodak CEO Antonio Perez painted a fairly bright picture of the legendary Rochester, NY-based company's future, in an exclusive interview with PrintWeek ahead of GraphExpo.

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