I don't think. I know they are low life
From personal experience I trade printed for a certain company within their premises and they took me for over 35,000
I am the first to admit I was stupid trust and support someone like this
It a but destroyed me
And yes last time I looked they had a new name and running
All I can say is carmar will come
And my name for such a person is a six letter word : ankles because that's lower then a ???? 

Pathetic - and atrocious, if it happens the way you spelled it out there.
If a business goes bankrupt, that is one thing. Should the captains of the sunk ship be allowed into business again - to have another chance at life?
Probably yes, but not an the expense of lining their pockets and failing to deliver.
It's a tough line to defnie an ideal answer for - unless their personal assets are also sold up to help the creditors..(Ian, Traditional Signs). 

I think it is cheating and dishonest. Why should they be able to simply forget their debts and start over? The people/businesses they have left in the lurch can't do the same. Before they can start any other business, they should be required to make good on their debts, and if they get a job with someone else, they should have to make regular payments until the debts are cleared. 

The owners and/or directors should be banned from operating any company, be it the same industry or another industry, for a minimum of 5 years and they should be forced into a payment schedule to repay outstanding debts incurred by the liquidated business. In many cases these people still have considerable assets and good lifestyles whereas the creditors are, in many cases, left penniless or struggling. 

Well, some get rewarded with being in the top 50 people in the industry and constantly applauded within our print magazines. So it is good to do this is you are "a big concern" but panned if you are small. double standards are being applied, and all Phoenixing is wrong. 

Scum. A big let down for honest small business owners. Worst part is they have dudded sole trader contractors who have been the ones who had the experience to make them some money in the first place. Probably can't use names, but there is one mobb who started trading again west of CBD with almost the same name within a month or so. Its a crime that the ASC let them get away with it.

They should be taken outside and shot.

It seems to me like a silly question as obviously no one is going to think much of firms or directors who do this.

Nothing short of criminal - there are firms who have done this repeatedly, robbing hard working suppliers of their money, and the law allows it!
I think it is high time legislation was bought in to stop this practice.
I understand there are genuine cases of liquidation; I have felt so bad for a couple of my customers, however they are in the minority. Firms are setting up multiple entities, transferring assets around between them, and then going broke for millions of dollars. While we honest traders are licking our wounds they carry on merrily under another name, with no debts and their staff are left to battle for months to get their wages.
I cannot express my contempt adequately for these unethical swine.

How dare they. Crooks are the same no matter what the business name is.There is one quick answer. Lock em up or shoot them. Any low life who tries to be clever like this will not only surely fail again but WILL get his Karma 10 fold. Refuse to deal with them. I have taken a deposit and then kicked them out with no sign n one such rock ape.

It's criminal !!! I don't understand how the government/law let's them get away with it.
It would be good to have the laws changed to stop them from being able to get away with this. Their criminals that should be in jail.

I think its absolutely disgusting that business close down are restart up under a different name especially when they plan it. One reasonably sized display and digital printer did this just recently and left debt to a lot of suppliers. It just shows what type of person he and his company is. I feel sorry for the suppliers, seriously its not up to suppliers, companies and customers to give credit if it was based on pay as you go, it would eliminate many problems.

Anyone can price work to gain market share, this damages the reputation for the long term operators who know their costs and price work to stay a float plus a small margin to grow their businesses. Put your prices up 20% and see if you can still win the same jobs...with the same clients, it may take some of the warm fuzzy feeling out of the transaction however it will sort out your customer base to who will pay you for what you are worth. I despise people who enter our market without knowing the real true costs beyond material and labour Quotes....Add 20%-30% Today!! (Adam Heath, Signarama Ballarat)

Criminal and cowardly. These people should be Blackballed within the Signs and Graphic Industry. No room for ripping off customers. Suppliers and business neighbours.
NAME and SHAME THEM. (Brian Pretorius, Praetorian BMC)

This is a tough one. It is extremely disappointing there are not sufficient laws in place to allow creditors real legal avenues to pursue moneys owed. It is even more disappointing when liquidators are appointed charging outrageous fees making them and large institutions (banks) the only organizations receiving any available money. It is a difficult time for all, including those going into liquidation it is not a walk in the park for them either. It can happen to any business!!! We learn from our mistakes (failures) and in business losing one can be an extreme emotional learning curve. Serial offenders should be dealt with harshly, however I feel more can and needs to be done to protect those externally effected as it can quite easily have a ripple effect. (Steve Baker, Steve Baker Signs).

Difficult one. Obviously if the liquidation is a deliberate ploy to escape the creditors, then these people should be hunted down and punished. However if it is due to circumstances beyond their control (ie a major customer going bust and leaving a trail of damage), then the individual should be given all the encouragement and support possible. After all it is highly probable that the individual has a mountain of knowledge and experience and he/she would obviously want to utilise that rather than be forced out of the industry.

I think it is disgraceful. I believe these people should be fully exposed to protect other suppliers and traders from being exposed to these poor and moral less traders. (Mark Huntley, PDF Pty Ltd)

Scum of the Earth. Tidy your mess up and do it properly.

I THINK IT IS NOT ON. THEY LEAVE A BAD TASTE IN EVERYBODIES MOUTH. WHAT PISSES ME MORE THAN THAT IS THE CREDITORS GO BACK AND CONTINUE TO HELP THEM. FUNNY I WOULD NOT GIVE THEM THE TIME OF THE DAY. (Terry, Comfleet Graphics Ltd)

It depends on the intent. If it is deliberate, planned phoenixing then it makes a mockery of decent business practices and hurts honest, well-managed businesses, It is about time it was stopped. All suppliers not extending credit to phoenix companies would help. If the re-badged company pays cash of c/card; a portion of payments should be aged off the old debt. If its a genuine hard luck story, ill-health, loss of major accounts, director split, divorce, or regional downturn each case should be assessed on its merits. An individual bankrupted suffers severe deprivation and is blacklisted for life on credit files - why not individuals hiding behind companies that are phoenixed?

My previous workplace Vale Signs, in Adelaide did this. Owing myself around 30 grand, plus all the other employees and past employees, they just wiped their hands clean and sold the business to 'Family Fiends' and are now still employed. Somehow managed to keep the same business name.