The issue of phoenix companies causes huge anger and frustration but there is a reason why we have limited companies. If an honest businessperson has two businesses and one of them fails, it would not be right to allow the business that failed to bring down the good business. This is why we have limited liability - so that the failure of one business does not bring down other businesses.
Is this someone's idea of a joke?
Limited liability is not a ticket to commit scumbag criminality with impunity.
Edgeworth's thievery has dumped a lot of folks in a sea of grief and the money he stole is still unaccounted for.
Not so many years ago an Irish court threw a woman into the slammer for stealing food to keep herself alive for the day - but this grabbing slimeball not only escapes prosecution but is awarded with tacit government approval to spend the money he stole on a shiny new criminal venture !!!
Ireland sure provides the best justice that money can buy
WTF IS GOING ON?