Phoenixing: Less cool then it sounds.
Well a Federal election has been called which means that parliamentary bills lapse as a result (although many will be brought back). But one in particular I have been following with keen interest. The Treasury Laws Amendment (Combating Illegal ) Bill 2019 looks set to shake things up in the corporate world. As some of you may know I used to work at ASIC. I could not count the number of times I saw Phoenix companies spring up. A ‘phoenix company’ is a company that springs from