Welcome to the .community @Exposa,
Unfortunately the landscape it littered with similar people who operate companies that bankrupt after the assets have been stripped, who then phoenix similar companies and do it again and again.
It is not just this individual. The laws regarding phoenix operations are woefully inadequate and after a century of treating corporate entities like a human person in law, little has changed to hold the responsible parties accountable beyond actions as directors and insolvent trading. The insolvent trading laws might encourage bad behaviour since as soon as enough assets are stripped it is incumbent to go into administration or wind up, to have another go.
Phoenix companies have been mentioned in many topics on the .community, this being just one pointing the fingers at insufficient law.
I doubt there are easy answers in legislation although it seems there should be. The US system has Chapter-11 bankruptcy that does the shareholders, pays suppliers cents on the dollar but allows the business to continue ‘debt free’ (or close enough, with approval of creditors who might otherwise get $0). Yet they too have a problem with phoenix operations.
