in bankruptcy

idiom

: officially recognized as bankrupt
The company is now in bankruptcy.

Examples of in bankruptcy in a Sentence

Recent Examples on the Web According to one of the documents filed in bankruptcy court, these Arizona Red Lobster locations are on the chopping block if their leases cannot be renegotiated: 1521 S. Yuma Palms Parkway in Yuma. Shelby Slade, The Arizona Republic, 7 June 2024 The families have been fighting him in bankruptcy court ever since. Elizabeth Williamson, New York Times, 7 June 2024 The company this January hired Hilco Real Estate, an advisory firm that’s often used to help companies in bankruptcy shed their assets, especially leases. Samantha Gowen, Orange County Register, 3 June 2024 Several survivor advocates have celebrated the idea of giving victims a voice in bankruptcy court, saying the measure is especially meaningful with Lori and other church officials there to listen. Alex Mann, Baltimore Sun, 20 Mar. 2024 The voluntary Chapter 11 petition filed in bankruptcy court Sunday in Florida states that there are more than 100,000 creditors, with assets and liabilities each totaling between $1 billion and $10 billion. Lori Weisberg, San Diego Union-Tribune, 20 May 2024 In fact, some manufacturers are either already in bankruptcy (Lordstown Motors, Arrival) or are losing money and flirting with bankruptcy in the near future (Lucid, Rivian, VinFast, Polestar and Fisker). Chris West, Baltimore Sun, 29 Apr. 2024 What is a stalking-horse purchase agreement in bankruptcy? Gabe Hauari, The Indianapolis Star, 20 May 2024 And patients are worried their care will be affected now that Steward is in bankruptcy, according to Garcia. Michelle Marchante, Miami Herald, 11 May 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'in bankruptcy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near in bankruptcy

Cite this Entry

“In bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20bankruptcy. Accessed 16 Jun. 2024.

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