How does phoenixing intersect with bankruptcy law?
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what is phoenixing a company
- What are the potential benefits of a more coordinated international effort to share best practices in the prevention, detection, and prosecution of phoenixing?
- What are the risks for individuals who invest in phoenix companies?
- How can the development of more effective mechanisms for ensuring the accountability of those who provide pre-insolvency advice for the potential consequences of that advice, including phoenixing, be achieved?
- What is the government's stance on phoenixing?
- How can the development of more effective tools for identifying and tracking the movement of assets in the period leading up to insolvency help to uncover evidence of phoenixing?
- What are the potential impacts of increased international cooperation in the development of common approaches to the disqualification of directors who have been involved in phoenixing?
- How can the development of more effective tools for identifying and tracking individuals who have a history of involvement in companies that have been struck off the register or dissolved help to prevent phoenixing?
- What are the risks of inadvertently engaging in phoenixing-like activities?
- How can the potential for the misuse of cross-border insolvency protocols to facilitate phoenixing be better understood and addressed?
- What are the potential impacts of increased transparency in the disclosure of information about the financial health of companies to their stakeholders on the likelihood of phoenixing?
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