Contemporaneous research indicated that although pre-packs were a valuable tool for preserving economic value and jobs, there was mounting concern among creditors and businesses regarding
their perceived lack of transparency and that their economic benefits might be short lived.
While the idea of borrowing a large sum of money is unpleasant in itself, many borrowers» dislike auto finance because of
its perceived lack of transparency — a perception it probably deserves.
Gotham Gazette got the scoop on the CitizenConnects website while working on a story on
a perceived lack of transparency in the Cuomo administration.
But, eighteen months into his term, news stories relating to Governor Cuomo's
perceived lack of transparency in government have proliferated.
Not exact matches
Top challenges are the
perceived high costs,
lack of transparency to track payments, unknown amount and timing
of receipt.
Mr. Jeffries also lamented what he
perceived as a general
lack of speed and
transparency in the investigation — even as Ramsey Orta, the man who filmed Garner's arrest, and his wife have been respectively arrested and processed for a gun charge and misdemeanor assault.
Increased reward compensates for a small cap's
perceived lack of clarity /
transparency & increased volatility and illiquidity, vs. a large cap.
The
perceived downsides to pre-packs (as voiced by many in the property industry) revolve around the
lack of transparency, the inability
of creditors to be involved in the process and, where «phoenix» pre-packs are involved (where the assets are sold back to the original management
of the business), the
perceived unfairness
of allowing the business to cherry pick the best assets and «dump» the rest (often leases).