Recently, there have been a number of successful "pre-pack" restructurings in the Netherlands. NautaDutilh's R&I team has been at the forefront of these interesting developments. A pre-pack is the term used for the restructuring of a company through a transaction that is prepared as much as possible outside of formal insolvency proceedings, and whereby the enterprise survives but some or all of the company's debt is restructured. The aim of preparing the transaction in advance is to ensure the maximum preservation of value. Several structures can be distinguished.