Bust companies revived in ‘phoenix’ deals more likely to fail again, study finds

October 25, 2026 · 9:00 am 1 sources

Image: The Guardian

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• Bust companies revived in ‘phoenix’ deals more likely to fail again, study finds
  The Guardian · October 25, 2026 09:00
  Exclusive: research for the Guardian shows ‘pre-pack’ deals with former management also pay far less to creditors The boss whose twice-bust business appears to be back Insolvent businesses reacquired by their previous management in “pre-pack” administrations are much more likely to fail again and…