How to use bankruptcy in a sentence

Looking for sentences and phrases with the word bankruptcy? Here are some examples.

Sentence Examples Reform is a polite euphemism for forcing banks to close out bad loans, enforce bankruptcy, and require layoffs of excess workers. His bankruptcy or winding-up usually abrogates the agreement, and may restore to the bank its right to combine the accounts without notice. The abundant supply of credit is not matched by an abundance of personal responsibility in current bankruptcy law. There are some tables showing trends in bankruptcy over time, but there is not extensive quantitative analysis. I have never come across a business so brilliant, nor one so destined for bankruptcy by 2002, so you must act now. We need to get this company back on the rails before it outsmarts itself into bankruptcy. A divorced woman raising a youngster is nearly three times more likely to file for bankruptcy than her single friend who never had children. Her literary debut, The Grass Is Singing, exposed the moral bankruptcy of the white settler culture. The Code will waive the requirement of a liquidating value appraisal so as to accelerate the close of bankruptcy procedure and asset realisation. If the bank had gone under, it would have been the biggest financial-sector bankruptcy in Germany's history, according to Business Week magazine. The industry is bleeding red ink for many of the same reasons that forced US Airways to go into bankruptcy. He is heading towards bankruptcy at a rate of knots, and yet it seems lenders are happy to give him more and more credit. This bill is about people using the bankruptcy system to evade paying alimony and child support payments. Mr. Libenstein further argues that if he is found personally liable, the liability was released by his discharge from bankruptcy. Faced with the remarkable bankruptcy of his employer, Larry did very little to locate a remunerative position. Congress repealed the bankruptcy act in 1803 before its scheduled expiration. Skeel argues that the enactment and repeal of the first three bankruptcy acts is an example of legislative cycling. A widespread bankruptcy, default, and repudiation of bonds would necessarily ensue. If you're struggling with debt and unsure about your options, talk to a reputable credit counselor before filing for bankruptcy. He will have to declare bankruptcy and will be obliged to resign his seat in parliament. Show More Sentences A bankruptcy judge would divide the available resources among the creditors. But will the Act diminish the fear of bankruptcy and lead to, in some cases, the cycle of personal debt restarting? Some disruption was expected in the months after the bankruptcy filing as the retailer scrambled to restock its shelves. It also means that you can now apply for credit without the restrictions a bankruptcy order imposes. It's time to fix the bankruptcy law that has legalized the corporate robbery of workers. He had three offshore companies registered in the Isle of Man for legitimate tax avoidance purposes prior to his bankruptcy. His Honour further concluded that Herstatt's bankruptcy did not revoke Chase's mandate to receive funds on its behalf. He is a licensed trustee in bankruptcy and is engaged in a number of files as trustee and court appointed receiver. The council has refused to throw a lifeline to a children's football club facing bankruptcy. The policies included limited liability, banking and insurance regulation, bankruptcy law, fixed exchange rates, and property rights. As an investor, you are between a rock and a hard place if your company faces bankruptcy. They have pushed the state into bankruptcy, unemployment is soaring and load-shedding is going up. Whereas a payday loan borrower always has the protection of declaring bankruptcy, he has no such option in the face of a surly loan shark. Significant rates of debt reduction by way of the bankruptcy route have consequences that can only be called catastrophic. Workers claim corrupt managerial practice led to the company's bankruptcy and the sacking of 1,000 workers. Trustees in bankruptcy were appointed and the court ordered attachment of its property. However, the thriving of the foreign shipping companies greatly harmed the business of sampans, and many locals suffered bankruptcy. He was averse to the consumerist craze of the middle class, which has led to the bankruptcy of capitalist mores. I do not consider the applicant has even now provided satisfactory evidence that she may be unfit to attend the bankruptcy hearing. I cannot save money for my or my children's future, and every month bankruptcy looms. Show More Sentences It's still possible that this is just a cataclysmic bankruptcy for which a few malfeasant executives will pay a stiff price. For many, his indispensable contribution is to have lightened the gloom and moral bankruptcy of those years. They tended to live beyond their means, and on one occasion barely avoided bankruptcy. Of course, bankruptcy can be a part of the creative destruction that keeps a market economy vital. What followed was flagrant musical bankruptcy and the insufferable drone of banal music. Two-thirds of recent bankrupts have gone down this route whereas, in the past, most people were forced into bankruptcy by their creditors. They are guilty of the violence of silence, of indifference and of intellectual bankruptcy. In effect, he threatens to declare to the world his administration's moral bankruptcy. This type of moral and epistemic bankruptcy is now entrenched in the corporation's output. Their crusade against moral bankruptcy may soon shift from being a rallying cry to become government policy. A subtext to the book is an expose of the utter moral bankruptcy of pure free markets. Needless to say, they still haven't come to terms with their moral bankruptcy. Now, we see a genuine case of the painful price being paid for moral bankruptcy. They have exposed the economic, political and moral bankruptcy of American society. It's a testament to the moral bankruptcy of our business leaders that they are not. He said the Government had shown a lack of concern and understanding for farmers who faced bankruptcy. I suspect it's a sign of political and moral bankruptcy that probably isn't treatable. Over all loomed the escalating costs of war that threatened to drive the nation into bankruptcy. Seven years ago, the airline had been a flying basket case, a perennial money loser facing a third go-round in bankruptcy court. Even before he stepped on the self-indulgent, self-destructive merry-go-round of birds and booze, bankruptcy and jail. Show More Sentences The new law will protect tithing and charitable giving under the federal bankruptcy code. In case of bankruptcy of the originator, there are no alternative servicers available easily. In June the company missed a quarterly loan payment to its banks, setting in motion the move toward bankruptcy. Saying they smelled a shakedown, shareholders, who are usually wiped out in a bankruptcy, also jumped to its defense. Who are these feckless, irresponsible moochers using bankruptcy to avoid paying legitimate debts? In a free market, then, the threat of bankruptcy would restrain banks from issuing paper certificates unbacked by gold. However, he applied for bankruptcy in 1993 and remains, at this time, an undischarged bankrupt. Eventually it sought bankruptcy protection, settling with bondholders by agreeing to pay 19 cents on the dollar. In exchange for the amendment, bank lenders would be paid back ahead of some bondholders if the company files for bankruptcy protection. This was coupled with bad weather and flooding which resulted in a boost for foreign holidays and bankruptcy for many UK hoteliers. This woman starts yelling and claiming she wasn't born yesterday and they have my signature and my bankruptcy paperwork. So the fact that the medical debts were unpaid says little, because it may reflect strategic payment of debts prior to bankruptcy. The rules of bankruptcy allow such deals to discharge a bankrupt, no matter how large the unpaid debt. She was the property of Edward Brodess, an unprosperous farmer who staved off bankruptcy by hiring out or selling his slaves. People who buy stock in these companies under American law wind up at the bottom of the totem pole in the bankruptcy proceeding. Tourist attractions and companies in the north west are bouncing back from the brink of bankruptcy a year after the foot and mouth epidemic. Now in bankruptcy the property of a bankrupt vests in his trustee upon the making of the sequestration order. It relies on Section 71 of the B.I.A. that once an assignment in bankruptcy is made, all of the bankrupt's property vests in his or her Trustee. Instead of taking its aging kegs home, they decided to rent the brewhouse from the bankruptcy administrators. If they want to loan you money, tell them you just filed for bankruptcy and you could do with some money. Show More Sentences However, some expect the group to emerge form bankruptcy sometime next year, once it has sorted its problems. He approached companies who were on the verge of bankruptcy before he bought them. He and his staff oversee three offices and file well over 500 consumer bankruptcy cases per year in all three New Jersey vicinages. The goal can be to avoid a bankruptcy filing, emerge from bankruptcy, or simply to sell the company or its noncore assets off for creditors. The cash-strapped, bumbling terrorists decide to mount a production of Hamlet to avoid bankruptcy. And TERI, a nonprofit that guarantees private student loans, has filed for bankruptcy. The Republicans aren't angling for bankruptcy because they want to protect their own own non-unionized auto industry from competition. Just last week, the bankruptcy of the company provided a sobering object lesson. The students are believed to have taken advantage of a loophole in legislation, allowing loan debts to be cancelled by bankruptcy. If the claim is a provable one, then, as soon as the bankruptcy proceeding is set in motion all proceedings to collect on a debt are stayed. The legislation, however, does not place a flat cap on the value of the homestead exemption that an individual can exempt in bankruptcy. By 1760, France was nearing bankruptcy and its sole option was to sue for peace. I was penniless and facing bankruptcy and the prospect of being prosecuted in court for a whole range of civil and criminal offences. It would be open to the petitioner to apply for a bankruptcy order on the footing that the petition debt remained unpaid. Their investgation revealed no evidence that bankruptcy judges were incorrectly applying legal priority rules. In case you are not entitled to declare bankruptcy, he may suggest you to go for Individual Voluntary Arrangement. In the last year, management tried to conceal the looming bankruptcy by the fictitious sale of the bank's real estate subsidiary. Cancellation of debt income is not includable in income if the taxpayer is in bankruptcy, or to the extent the taxpayer is insolvent. Ms. Conner is now divorced and her nursing home has filed for bankruptcy protection. If they didn't buy all those fancy things, they wouldn't find themselves on the verge of bankruptcy. Show More Sentences How could a company go from the seventh largest in America to a loose confederation of parcels at the bankruptcy fire sale in a matter of months? An adjudication of a claim in bankruptcy is pleadable as res judicata in another court. The transaction is expected to close within ten days, subject to the terms of the sale order issued by the bankruptcy court. What's worse, many firms just don't pay, especially where poor bankruptcy laws and corruptible courts prevent the seizure of debtors' assets. Epstein's crabbed view of autonomy also highlights the bankruptcy of the libertarian view of child-rearing. The defendant then has the unmitigated gall to blame his recent bankruptcy on these court proceedings. You're seeing the inevitably high bankruptcy rates that occur after a period of very easy money. Wage garnishment is a creditor collection tool that a delinquent debtor can escape by filing for bankruptcy. If there's one thing the credit card associations want it's tough bankruptcy legislation which holds deadbeats responsible for consumer debt. Because you know you get in debt, you get in trouble, you file for bankruptcy, presto, clean slate. The new act will make it more difficult for debtors to qualify for bankruptcy relief. But on the margin, it prevents a lot of people from taking steps that might lead to bankruptcy and deprivation. Exits were almost all due to merger or acquisition or delisting rather than bankruptcy. As the recent demise of the bankruptcy reform bill illustrates, even the most delicate compromises can fall apart. Today they pushed through the special-interest bankruptcy bill, punishing the very poorest members of society. A significant benefit of filing for bankruptcy is the ability to discharge some or all of the debtor's debts or claims. The decision means the pair cannot discharge their debts jointly through bankruptcy the way other married couples do. They will have a hard time finding work, and under the new bankruptcy law, they won't be able to discharge their debt. Congress recently tightened the bankruptcy rules, making it much harder to discharge debts. By contrast, some unsecured debts are not dischargeable in bankruptcy, and secured debts, such as home and auto loans are minimally affected. Show More Sentences The Constitution provides for the removal of a deputy in cases of bankruptcy and unruly or disorderly behaviour. Judge Jones was a bankruptcy lawyer and an authority on business law, but has perhaps received more attention for her bold opinions on social issues and criminal law. And the bankruptcy black mark stains your credit history for 10 years. When Allied and federated filed for bankruptcy, the together comprised the largest bankruptcy filing of all time. So therefore his costs, which the AEC and the Council then pursued me for bankruptcy, his costs are therefore null and void, because he cannot present the issue of his costs. Moreover, there's ample evidence that a sizeable percentage of bankruptcy filers engage in quite a lot of strategic behavior in the run-up to bankruptcy. If the company were forced into bankruptcy or left open to a major claim, the personal assets of the directors could be appropriated to pay off creditors. For the year 2001, the company was ranked as the 6th largest corporation in the world, but before the year was out, it was rocked by scandal and filed for bankruptcy. Although the discounter is reorganizing under the federal bankruptcy code, a photo of its CEO continues to hang in its competitor's rogues' gallery. Since the housing crash and its near bankruptcy, Freddie Mac has turned into a much more savvy, conservative company. And newspapers in Los Angeles, Chicago, Baltimore, Philadelphia, Minneapolis, and New Haven scramble to reorganize in bankruptcy. Orr filed for bankruptcy because he got nowhere in his direct negotiations with creditors. Only those that are named in the lawsuits could face bankruptcy. Since the Chapter 11 bankruptcy of our west coast co-location provider, we have been routing all of our traffic through our secondary server farm in New York City. Viviana has been shocked by her country's bankruptcy, devaluation, rocketing inflation and unemployment, all combined with a bout of rioting, looting and street violence. The family-owned company that revived Pabst Blue Ribbon has been given the go-ahead to purchase Hostess out of bankruptcy. In fact, he was once a deadbeat who declared bankruptcy when he couldn't handle his credit card bills, loan repayments, or Sears and J.C. Penney tabs. The company has asked the bankruptcy judge to impose a 13 percent pay cut on the machinists union, which represents 35,000 workers, and surrender all future pay raises. They have to get a bankruptcy judge to intercede on their behalf. After the music stopped and the stock tanked and they collapsed into bankruptcy, everyone on Wall Street pretended to be absolutely shocked that such a thing could happen. Show More Sentences Where the court is satisfied that the petition debt has been paid, secured or compounded for, the court is precluded from making a bankruptcy order on the petition. All of us know that AA isn't having the smoothest go of things as it attempts to navigate its way out of Chapter 11 bankruptcy. Under its soft-spoken CEO and Chairman Gary Barber, the studio has emerged from bankruptcy, stronger and nimbler than before. He has had two gossip-fest divorces and an awkward bankruptcy. The oversupply of ethanol can be seen by looking at the parade of ethanol producers heading to bankruptcy court. Self-regulation would be fine in an environment in which the normal disciplines of the market, including bankruptcy in some extreme cases, were allowed to function in full. In 2006 he was forced to declare bankruptcy after being successfully sued for defamation by two pap officials. Not since Studebaker in 1966 had a major American car company filed for bankruptcy. A system of income payment agreements aims to make it easier for bankrupts to make payments to creditors and bankruptcy restriction orders cover a variety of conduct. There is a really brain-dead article about the current bankruptcy bill on Real Clear Politics by some woman who obviously knows nothing about either economics or business. The corporation is fighting a push by creditors to move the former energy trading giant's bankruptcy case from New York to its hometown of Houston. An Ontario court upholds Canada's bankruptcy law, which prevents students from declaring bankruptcy on student loans until 10 years after they graduate. Together they prompted riots at the screenings of their work, with gruesome and incendiary images that intimated the moral bankruptcy of bourgeois values and institutions. No, he favors a vague and ill-defined form of collective ownership that the workers will figure out as they bumble and stumble along towards bankruptcy. And let's not even get into the allegations of wife-beating, the disappearing acts and the gambling sprees that have left him, more than once, on the precipice of bankruptcy. The board said the airline is likely to emerge from bankruptcy on its own. At the time of the merger, Nissan was on the verge of bankruptcy. For that reason alone I am glad of their sickening moral bankruptcy. This rough-around-the-edges high school dropout's profligate ways led to personal bankruptcy and, ultimately, some very dubious dealings with shady characters. As for supposedly living high on the hog on one's credit cards, one third of all bankruptcy filings are made by families already living under the federal poverty level. Show More Sentences He now faces returning to Greece in November for the appeal hearing and his haulage business is threatened with bankruptcy, with his lorry impounded by the Greek authorities. He spent millions on his art collection, yachts, and palatial homes, including a castle in Wales, reining in only when his media empire was threatened with bankruptcy. The bankruptcy does not affect his ability to litigate such claims. If a bankruptcy petition is challenged, the debtor must take a means test. There are plenty of warning signs that the company is in danger of bankruptcy. Critics view the decision as an example of moral bankruptcy on the part of the administration. A dozen priests took the offer, according to documents released when the archdiocese of Milwaukee filed for bankruptcy. Of those, 112 were held by Wall Street CEOs who drove their companies to bankruptcy or bailout. Real Housewives of New Jersey star Teresa Giudice turned herself in to serve a 15-month sentence for bankruptcy fraud. Slim turned Bush down, and Lehman filed for bankruptcy in September 2008, just weeks before the presidential election. So while mourning the closing of De Robertis, consider that we might someday mourn the bankruptcy of whatever chain replaces it. Blondin is a bankruptcy lawyer, like Warren, and has known her for decades. After the bankruptcy of Mt. Gox, the Japanese police opened an investigation into this case. It also was a showcase for moral bankruptcy, prompting thousands of its best and brightest citizens to flee abroad. The hospitalization, however, was so expensive it forced Jeannette into bankruptcy. He says the poorest bankruptcy filers, people who fall below the median income in their state, can wipe out their debts the same way they did before. The burning question for the newly self-directed team, however, was whether it could ramp up sales in a company that had been tainted by bankruptcy. Kodak, which defined personal photography for generations in the 20th century, appears headed for certain bankruptcy. Resembling the plot of one of his own novels, Dickens's life is a tale of rags to riches, complete with bankruptcy, prison, and forced child labour. Currently every first-time bankrupt is discharged automatically either two or three years after the date of the bankruptcy order depending on how much was originally owed. Show More Sentences As the story goes, many Venetian nuns were noble women forced into the convent to save their families from bankruptcy. One provision makes it easier for the Central Bank to force insolvent institutions into bankruptcy, giving investors and creditors a legal framework for recovering assets. Two messy divorces had taken a toll on his personal finances, and his golden handshake from the agency was just sufficient to keep him out of bankruptcy court. Legal experts said it is common practice in the Eastern District of Virginia to reassign a bankruptcy case to the same judge who handled the first one. If American Golf declared bankruptcy, he could be wiped out financially. This was a series that traded the glorification of moral bankruptcy for family values. That never happened, and luster declared bankruptcy while sitting in prison. He filed for bankruptcy in 1999 due to the alleged mismanagement of his trust fund. Both he and Mark had agreements with the bankruptcy trustee not to dissipate or try to move assets. This place has gone through so many different changes and so many changes in leadership, and a long, drawn-out bankruptcy. The ones on the verge of bankruptcy, with large, unfunded pension obligations. For decades, declaring bankruptcy has been a last-resort measure to re-establish financial standing for economically distressed individuals and families. He thinks that shows the moral bankruptcy of the Anglosphere. However, not all suppliers are under the cosh or close to bankruptcy. It enables any transaction at an undervalue to be avoided by the trustee in bankruptcy, if it was made with the intention of defeating the claims of creditors. No longer will investment banks that underwrote securities for companies that ended up in bankruptcy be barred from offering advice to the same companies. And yet it also seems that Khashoggi avoided anything as ignominious as personal bankruptcy. After 1636, however, Olivares halted the advance, fearful of provoking another crown bankruptcy. With the bankruptcy of the London Company in 1624, the settlement was taken into royal authority as an English crown colony. The directors of the company attempted to avert bankruptcy by appealing to Parliament for financial help. Show More Sentences To keep the Netherlands under control required an extensive occupation force, and Spain was still financially strapped since the 1576 bankruptcy. The issue is of special legal significance on a question of bankruptcy and death of the person. Under United States bankruptcy law, a person's estate consists of all assets or property of any kind available for distribution to creditors. Those circuits that do not have a Bankruptcy Appellate Panel have their bankruptcy appeals heard by the District Court. United States bankruptcy courts are the one example of US federal courts which operate as courts of equity. We have bankruptcy laws and reorganization laws on our books for a reason. The company's third loss warning in two years raises the spectre of eventual collapse and bankruptcy. But it seems many do view bankruptcy as an easy method of dealing with their past financial cack-handedness. That's what one silicone breast implant recipient told the Boston Herald following the decision of Dow Corning to file for bankruptcy. By the late 1790s, Whitney was on the verge of bankruptcy and the cotton gin litigation had left him deeply in debt. To avoid bankruptcy they appealed for funds to Manchester Corporation, which set up a Ship Canal Committee. The troubled 43-year-old, who owes the taxman pounds 32,000, had faced a bankruptcy petition brought by Her Majesty's Revenue and Customs. The Taylor family remained in occupation of the mill until 1865 when bankruptcy forced them to sell the machinery and lease. In 2010, in the aftermath of the global fallout from the Lehman bankruptcy, the G-20 agreed to basic IMF reform. Leda Lanes filed for Chapter 11 bankruptcy in March, but the iconic candlepin bowling alley in Nashua fully plans to stay in business. However, because education loans are not generally dischargeable in bankruptcy, these debts will eventually have to be repaid. Student loans are not dischargeable in bankruptcy except in very limited cases. Greenpeace bosses were last night desperately trying to stave off bankruptcy as all their UK assets were frozen in the injunction. These casebooks also provide cost-effective and necessary expert financial exhibits for project financing, litigation and bankruptcy matters. In 2002, GE acquired the windpower assets of Enron during its bankruptcy proceedings. Show More Sentences Mayoral elections were also held Tuesday in the rustbelt city of Detroit, which recently declared bankruptcy. The war in Vietnam further persuaded him of the bankruptcy of liberal reformism. Temple was credited with helping save 20th Century Fox from bankruptcy with films such as Curly Top and The Littlest Rebel. In other cases, such as an imminent bankruptcy or sale, luring a qualified full-timer might be difficult. Practitioners, trustees, and clients often are clueless as to how a debtor's entireties assets will emerge from a bankruptcy proceeding. The CFPB report also highlights a case where a borrower's cosigner declared bankruptcy without the borrower knowing. Carter's deregulation saved America's trains from bankruptcy. Fitch's 'CC' rating indicates that payment default to bondholders appears probable as VHS remains under Chapter 9 bankruptcy protection. Specialties include real estate notes, business notes, structured settlements, bankruptcy cash outs and creating viaticals. Could the real estate owner's bankruptcy or lienholders create a disruption in the conduct of business? Her bankruptcy ranged from millions in missing jewels to six potbellied pigs and plagued the late model at the height of her notoriety. Taken altogether this rather Ptolemaic bill of epicyclical changes left my scansion teetering at the edge of bankruptcy. Securities and Exchange Commission of being a Ponzi scheme, will undergo bankruptcy in Massachusetts, not Las Vegas. Following the divorce and the lawsuit, bankruptcy is just another nail in his coffin. In 1994, during the Orange County bankruptcy, a few funds were poised to break the buck, until their parent companies stepped in. Father Juliano declared bankruptcy after building only the prototype, but the car was restored a few years ago by a customizer in England. At the time, I was deeply involved with the handsome embezzler who led a major telecom company into bankruptcy. Portugal required an extensive occupation force to keep it under control, and Spain was still reeling from the 1576 bankruptcy. Eurotunnel suspended payment on its debt in September 1995 to avoid bankruptcy. The advent of the Second World War pushed many struggling enterprises into bankruptcy as labour and materials were diverted to the war effort. Show More Sentences Finally, the Great Depression acted as a catalyst that sent several struggling New England firms into bankruptcy. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. In 2005, the bankruptcy laws were changed so that private educational loans also could not be readily discharged. Debt forgiveness is treated as taxable income, but can be excluded as taxable under certain circumstances, like bankruptcy and insolvency. Emin's mother until age seven owned a hotel in Margate, but bankruptcy and poverty ensued only when she broke up with Emin's father. Even if she could have faced life without him, she could not go through it all again, the bankruptcy and shame and necessitude. Instead, new banks were established to take on the domestic operations of the banks, and the old banks will be run into bankruptcy. The Belgian Revolution at home and the Java War in the Dutch East Indies brought the Netherlands to the brink of bankruptcy. The school itself closed in bankruptcy in 1994 and the house was converted into luxury flats. In 1988, University College Cardiff underwent extreme financial difficulties, and the threat of bankruptcy was seriously considered. In October 2014, however, it was reported that Vicari had filed for bankruptcy and had been in poor health. Due to the bankruptcy of the shipyard, only the first of these vessels was ever completed. During the war, more than 650,000 Italian soldiers and as many civilians died and the kingdom went to the brink of bankruptcy. However this plan failed, and on 2 August 2006, the company was placed into bankruptcy protection by a French court for six months. He was charged with fraudulent bankruptcy and a warrant for his arrest was issued. In the First Division in 1976, they then sank to the bottom professional tier before reforming after a 1982 bankruptcy. This culminated in the closure of Harland and Wolff's Linthouse yard and a bankruptcy crisis facing Fairfields of Govan. That fellow would milk the settlements somehow, and make his family pay through the nose to keep him out of bankruptcy. The purpose of the loan was to avert bankruptcy, stabilise the currency, and improve Austria's general economic condition. On his first day in the job, he faced the bankruptcy problem at GNP and within four months he found a new owner. Show More Sentences Statehood might be useful as a means of dealing with the financial crisis, since it would allow for bankruptcy and the relevant protection. The flow of income from the New World proved vital to his militant foreign policy, but nonetheless his exchequer several times faced bankruptcy. Also in Portland is the federal bankruptcy court, with a second branch in Eugene. In bankruptcy law, a business' debt to its employees has priority over its debt to a landlord, so the employees must be paid first. They say penalising Hambleton Council could lead to either bankruptcy for the authority or massive rises in council tax for its residents. In 1557, Spain met with bankruptcy and was forced to partially repudiate its debt through debt consolidation and conversion. However, the government was in enormous debt and declared bankruptcy that year. Louis XVI ascended to the throne in the middle of a financial crisis in which the state was faced with a budget deficit and was nearing bankruptcy. Fox stated the bill was necessary to save the company from bankruptcy. In 1814 the British began blockading the United States, and brought the American economy to near bankruptcy, forcing it to rely on loans for the rest of the war. Greece is in last-ditch talks with its international creditors on what reforms it is to implement to get new funding from the creditors to avoid bankruptcy. Steel operates a sheet and tin finishing facility in Portage, Indiana, known as Midwest Plant, acquired after the National Steel Corporation bankruptcy. After the bankruptcy, our accounts were given a thorough going over. About The Deal's Bankruptcy League Tables The Deal's Bankruptcy League Tables are the industry's only league tables focused solely on active bankruptcy cases. After all, what has the Roman ever done for Chelsea, apart from rescuing them from the brink of bankruptcy, pumping in a squillion snarlers, and winning the Premiership twice? In the years after the Festival of Empire the building fell into disrepair, as the huge debt and maintenance costs became unsustainable, and in 1911 bankruptcy was declared. Later that year he entered Thomas Morley's Commercial Academy, a private school founded in 1849 following the bankruptcy of Morley's earlier school. These instruments also made it virtually impossible to reorganize financial institutions in bankruptcy, and contributed to the need for government bailouts. Conversely, the complaint has been made that agencies have too much power over issuers and that downgrades can even force troubled companies into bankruptcy. It looks very much as if Amnesty's leadership is suffering from a kind of moral bankruptcy, and has lost the ability to distinguish right from wrong. Show More Sentences Since separatism erupted in Ukraine's east in April, the struggle to equip the army adequately has grown ever more acute as the country teeters on the edge of bankruptcy. A court of appeals may convene a Bankruptcy Appellate Panel to hear appeals in bankruptcy cases directly from the bankruptcy court of its circuit. Bingley also printed a volume of his poems in 1833, and Coleridge lived in his house until the contract came to an end through the bankruptcy of the publisher. When an unexpected bankruptcy was announced by Cluffe or Toole in the club-room, it made his ear ring like a slap, and he felt sickish for half an hour after. Following bankruptcy, the VOC was formally dissolved in 1800, and the government of the Netherlands established the Dutch East Indies as a nationalised colony. The landlord could try and avoid bankruptcy by introducing immediate improvements, putting up rents, clearing tenants to allow higher paying sheep farmers to be installed. The bankruptcy of Railtrack in 2001 and its replacement by Network Rail following the Hatfield crash brought a reappraisal of the plans, while the cost of the upgrade soared. Congress has given courts power to formulate common law rules in areas such as admiralty law, antitrust, bankruptcy law, interstate commerce, and civil rights. Despite appearances, the firm was teetering on the edge of bankruptcy. The bankruptcy filing includes an agreement with certain creditors that would result in the termination of EIX's equity ownership of EME upon emergence from bankruptcy. As a result, the institution may raise the objection that it cannot honor a local government's sight draft without an order of the bankruptcy court. Zayat countersued the bank and filed for Chapter 11 bankruptcy protection. Whenever these default bankruptcy regimes have been perceived to produce distributionally unacceptable consequences, however, bailouts have been orchestrated. Policy may also encourage lender renegotiation by giving more bargaining power to borrowers in these instances, through legal procedures such as bankruptcy and cramdown. Bankruptcy Judge Robert Faris today approved modifications to a Plan of Reorganization that clears the way for Aloha Airlines to exit bankruptcy protection by mid-February. Alitalia board member Roberto Palea has resigned following the Italian government's decision to delay an emergency decree that could save the troubled airline from bankruptcy. Gail Raught, 88314 Highway 101 North, Florence, doing business as Gail's Residential and Commercial Cleaning, filed chapter 7 personal bankruptcy. Retirement funds, including qualified plans and annuities, IRAs, Roth IRAs, or deferred compensation plans will likely remain tax-exempt in bankruptcy. In the same period, the bankruptcy of the small farmers and the establishment of large slave estates provoked the migration to the city of a large number of people. The dot-com shopping site, once the pinnacle of the Internet boom, ceased operations in early March as massive debts forced the company into bankruptcy. Find more words! 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What is the opposite of bankruptcy? Words that rhyme with bankruptcy What is the plural of bankruptcy? What is the adjective for bankruptcy? What is the noun for bankruptcy? Translations for bankruptcy Use our Sentence Generator Nearby Words bankruptcies bankrupt bank run bankrolls bankrolling bankroller bankrupted bankrupting bankrupts banks bank's Banks 10-letter Words Starting With b ba ban bank bankr bankru bankrup bankrupt bankruptc