Here, Brent Norling, Director of Norling Law and Damien Grant, Director of Waterstone Insolvency discuss all things Phoenix Companies.
Old companies are often burned and new companies often rise from the ashes with renewed youth and viability.
We discuss the basics, such as:
We also discuss why companies may choose to create a phoenix company. Because there are very legitimate reasons why a director may look at this option as a viable option.
We often see people creating phoenix companies in breach of the Legislation and the consequences can be onerous.
As always, if you have any questions or need any assistance, we offer a free 30-minute legal consultation. You can book directly into our calendar here
Brent is the Director of Norling Law. He has a wealth of experience in the District Court, High Court, Court of Appeal and Supreme Court. Brent is passionate about negotiating favourable outcomes for his clients and able to implement this in his daily negotiations.
Book a free consultation to get clarity on your options and next steps
We’ve been guiding people through times of uncertainty since 2015. Talk to us for free to see what we can do for you.