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To avoid the lawsuit, the directors decided to phoenix the company by transferring its assets to a new shell company.
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To avoid the lawsuit, the directors decided to phoenix the company by transferring its assets to a new shell company.
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Related words
phoenix
IPA(Pronunciation)
Verb
Australia
Japanese Meaning
責任や債務を回避するため、ある会社から別の会社へ資産を移す行為 / 債務逃れを目的として、企業間で資産を移転すること
Related Words
（ present singular third-person ）
（ participle present ）
（ participle past ）
（ past ）
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