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WHAT IS A PHOENIX COMPANY AND ARE THEY LEGAL? 

What is a phoenix company? A Phoenix company is one that rises from the ashes of another that has gone into administration or liquidation. They do this by rearranging their assets, liabilities, and business structure to make it appear on paper like they are a new business while using the same

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UNDERSTANDING CAPITAL DISTRIBUTIONS ON WINDING UP A COMPANY 

I am often asked by investors why the value of their investment shrinks so much when a company they bought into is wound up or suddenly stops trading.  Most people understand that with most companies, there is no guarantee that you will get back any money from your investment. In fact,

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