in bankruptcy

idiom

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

Examples of in bankruptcy in a Sentence

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That this is a very complex area of bankruptcy law is indicated by the fact that there have been approximately 20 court opinions relating to the issue of a debtor's LLC or partnership interest in bankruptcy ― and those opinions are all over the board. Jay Adkisson, Forbes.com, 27 Apr. 2025 The Diocese of Buffalo remains in bankruptcy pending the full implementation of the settlement. Ross Rosenfeld, MSNBC Newsweek, 22 Apr. 2025 In the event of a bankruptcy or sale, a user's 23andMe data can go to a new company or be sold in bankruptcy, Prince noted. Mary Kekatos, ABC News, 24 Mar. 2025 Red Lobster is no longer in bankruptcy, and an industry survey last month from the National Restaurant Association shows that about eight in 10 restaurant operators expect sales in 2025 to be the same or higher as last year. Elise Preston, CBS News, 19 Mar. 2025 See All Example Sentences for in bankruptcy

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“In bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20bankruptcy. Accessed 24 May. 2025.

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