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Event Brief

Legal phoenixing wipes millions in business debt

A marketing agency erased debt through insolvency, leaving staff unpaid.
WHO: Former AFL star, digital marketing agency staff
WHAT: Insolvency process leading to debt wipe and new ABN
WHEN: Dec 20, 2025 at 7:00 PM ET
WHERE: Australia
WHY: To legally avoid debt while leaving staff unpaid
Sources (1): ABC Australia

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