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Wildflower Joinery liquidates, owing $740K; founder starts new firm, raising "phoenixing" concerns.
A custom furniture store, Wildflower Joinery, has liquidated, owing over 30 creditors more than $740,000.
The company's founder, Renee Tuxford, has started a new business, Emicro Group, raising concerns about "phoenixing," or restarting a business to avoid debt.
Tuxford's previous company, East Coast Branding, also liquidated, owing creditors over $300,000, none of which was paid.
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Wildflower Joinery se liquida, debido a $740K; fundador comienza una nueva empresa, planteando preocupaciones de "phoenixing".