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Combatting the illegal phoenix

Combatting the illegal phoenix

by John Kukulovski | Jul 3, 2021 | Business, Insolvency, Recovery, Restructuring

Combatting the Illegal Phoenix On 18 February 2021, reforms to the Corporations Act came into effect that dealt with the timing of Director resignations. These reforms were aimed at preventing phoenix activity by prohibiting directors from improperly backdating their...

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