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

Bankruptcy

Insolvent businesses reacquired by their previous management in “pre-pack” administrations are much more likely to fail again and tend to repay far less to creditors, research for the Guardian suggests. The study is the latest to raise questions about the practice of “phoenixism” – accounting’s controversial art of liquidating companies to allow directors to return…

Shell’s Green Dream Goes Bust: Battery Pioneer Sonnen Files for Insolvency Just Two Months After Oil Giant Sells It – Royal Dutch Shell Plc .com

Bankruptcy

Screenshot How a German clean-energy champion became an expensive casualty of Shell’s changing priorities — while the oil giant continued pursuing LNG growth and shareholder returns. 24 October 2026 There are corporate embarrassments. There are expensive strategic miscalculations. And then there is Shell’s remarkable ability to make a much-celebrated clean-energy investment disappear from its portfolio…

If His Company Goes Bankrupt and Takes the Pension Plan Down With It, His $3,100 Check Will Still Arrive Every Month, Because a Federal Agency Will Take the Plan Over and Pay It

Bankruptcy

A company collapse can wipe out jobs, severance, and savings, but one federal guarantee was designed specifically to keep pension checks flowing even after the employer disappears entirely. Whether it actually covers your full benefit depends on a few factors… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…