Tengu format ruling
Sacred Phoenix of Nephthys

Card effect (current official text)Once per turn, during your next Standby Phase after this card was destroyed by a card effect and sent to the GY: Special Summon this card from the GY. If you do: Destroy all Spells and Traps on the field.
Rulings
- You can activate Divine Wrath when Sacred Phoenix of Nephthys is Special Summoned by its own effect. Because this effect activates in the GY, and is being negated while Sacred Phoenix of Nepthys is in the GY, Sacred Phoenix of Nepthys is never Special Summoned (so the card is never moved from the GY) and is never destroyed. Because it is not destroyed, its effect to Special Summon itself does not activate again.
- If Sacred Phoenix of Nephthys is Special Summoned with Call of the Haunted or Premature Burial, and that card is destroyed and destroys Sacred Phoenix of Nephthys with its effect, you Special Summon Sacred Phoenix of Nephthys during your next Standby Phase because it was destroyed by a card effect.
- If Sacred Phoenix of Nephthys is destroyed while in your hand or Deck by a card effect, you still activate its effect during your next Standby Phase to Special Summon it from the GY. (For example, if an effect like Star Boy is active, and Sacred Phoenix of Nephthys is Summoned, and Chain Destruction is activated to destroy other copies of Sacred Phoenix of Nephthys in the hand and Deck, those copies will be Special Summoned during your next Standby Phase.
- If Skill Drain is active on the field, the effect of Sacred Phoenix of Nephthys that Special Summons it from the GY is still activated, because it is activated in the GY. However, the effect that destroys Spell and Trap Cards on the field is negated because it activates on the field (so Skill Drain and other Spell and Trap Cards on the field are not destroyed in this case).
- If Sacred Phoenix of Nephthys is Summoned (except by its effect), and the Summon is negated by Horn of Heaven, it is Special Summoned during your next Standby Phase because it was destroyed by a card effect. When it is Special Summoned by its own effect, "Horn of Heaven" or "Solemn Judgment" cannot be activated, because it is being Summoned by its own Trigger Effect, not by a built-in "this is how you Summon this monster" effect.
- If your opponent controls your Sacred Phoenix of Nephthys, and it is destroyed by a card effect, because the effect activates in the GY, it is the owner that gets the effect and Special Summons Sacred Phoenix of Nephthys during their Standby Phase.
- If Sacred Phoenix of Nephthys is destroyed during your Draw Phase, you can Special Summon it during the Standby Phase of that same turn.
- If Sacred Phoenix of Nephthys is destroyed and removed from play, such as with Bottomless Trap Hole, it is not Special Summoned from out of play during the Standby Phase, because this effect activates in the GY.
- If Rivalry of Warlords is active, and your opponent takes control of your Sacred Phoenix of Nephthys while controlling monsters that are not Winged Beast-Type, Sacred Phoenix of Nephthys is not considered destroyed by the effect of Rivalry of Warlords, but rather by a condition that made it impossible for it to exist on that side of the field. So it is not Special Summoned by its own effect during the Standby Phase.
- If Sacred Phoenix of Nephthys is destroyed while it is not a Monster Card, such as when it is equipped to Relinquished or Sword Hunter, its effect does not activate and it is not Special Summoned
- You can chain to the effect of Sacred Phoenix of Nephthys that destroys all Spell and Trap Cards.
Rulings data courtesy of Format Library — formatlibrary.com. Spotted an inaccuracy? Flag it in the Tengu forum — sourced change requests get reviewed.