questionText: To ask the Secretary of State for Business and Trade, whether his Department plans to introduce (a) additional regulatory and (b) enforcement measures to prevent directors of insolvent companies from engaging in phoenixing.
answerText: The Government is keenly aware of concerns around “phoenixing”, and officials at The Insolvency Service are currently conducting a comprehensive review of the civil enforcement regime to evaluate how best to tackle and prevent wrongdoing by directors of i...
heading: Insolvency