Question

What are the advantages of the administrative changes?

Answer 1

as it is linked into the very perposes of administration,the total fund realised in an administration will generally be higher than in liquidation .This is due to either the continuity of trade or a pre packaged sale preserving the value of the asset third parties are generally willing to bid higher in an administration as this is viewed as a rescue procedure rather than a terminal insolvency procedure like liquidation.