

What are the potential impacts of increased international cooperation in the sharing of information about individuals and entities with a history of involvement in phoenixing?
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what is phoenixing a company
- How can the development of more effective sanctions for individuals and entities involved in phoenixing help to deter this type of activity?
- What are the potential impacts of increased regulation of the activities of turnaround specialists and other advisors who work with financially distressed companies?
- What are the potential benefits of a more coordinated approach between government agencies and law enforcement in tackling the problem of phoenixing as a form of economic crime?
- What are the potential impacts of increased transparency in the ownership and control of companies on the ability to engage in phoenixing undetected?
- What are the potential benefits of a more coordinated approach between government agencies and bodies responsible for enforcing tax laws in addressing the potential for phoenixing to be used as a means of tax evasion or avoidance?
- What support is available for creditors affected by phoenixing?
- What are the potential impacts of increased transparency in the disclosure of information about the sources of funding and investment in companies, particularly those that are newly formed or have acquired the assets of a failed business, on the likelihood of phoenixing?
- What are the potential benefits of a more coordinated international effort to share best practices in the prevention, detection, and prosecution of phoenixing?
- How can the potential for the misuse of company names and branding to create the impression of continuity between an old, failed company and a new phoenix company be better addressed?
- How can the ethical responsibilities of lawyers and other legal professionals be reinforced in relation to phoenixing?
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