The phoenix syndrome - the liability of directors (Record no. 73195)

MARC details
000 -LEADER
fixed length control field 01606cam a2200217 4500
001 - CONTROL NUMBER
control field ABS66864
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 030808n2003 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u123243
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Brewer, G.
245 #4 - TITLE STATEMENT
Title The phoenix syndrome - the liability of directors
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2003
490 ## - SERIES STATEMENT
Series statement Civil Engineering Surveyor
Volume/sequential designation July/August 2003, 21(1)
520 ## - SUMMARY, ETC.
Summary, etc. Looks at the phenomenon of the 'phoenix syndrome' where a limited liability company is put into liquidation to avoid its debts and then, almost immediately after, a new company is formed in the same business. It then continues trading in the same vein as the old. In "Archer Structures Ltd v Griffiths" ([2003] EWHC 957 (Ch), upreported) whilst one company was being wound up, an identical company was started with only a slight change of name by Mr Griffiths (G). A year later, Archer Structures (A) began a claim against the phoenix firm for unpaid debts. A won but G did not pay and the second company was also wound up. A claimed G was in breach of the Insolvency Act 1986, claiming M P J Contractors Ltd was a similar name to M P J Construction Ltd. G argued the two company names were not similar, which was rejected. G was ruled personally liable for the company debts. View judgment at www.bailii.org.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INSOLVENCY ACT 1986
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element ARCHER STRUCTURES LTD V GRIFFITHS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element COMPANY LAW
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element BUILDING AND CONSTRUCTION-CASE LAW
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWHC/Ch/2003/957.html">https://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWHC/Ch/2003/957.html</a>
Public note View judgment on the Bailii website...
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 08/08/2003   ABS66864 123243-1001 06/08/2019 1 06/08/2019 Journal article