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
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The bottom line The 90-day preference rule exists to ensure fairness in bankruptcy. Angelica Leicht, CBS News, 20 Jan. 2026 That caused a last-minute rush in bankruptcy court on Wednesday. Evan Clark, Footwear News, 15 Jan. 2026 But the Supreme Court may be a cakewalk compared to the challenge Cargill and his gun shop are facing from creditors in bankruptcy court. Paul Flahive, Austin American Statesman, 12 Jan. 2026 The retailer can try to favor customers in bankruptcy court, but ultimately the courts have the power to decide if a company has to honor gift cards after filing for Chapter 11 bankruptcy, a proceeding in which a firm tries to restructure its debt to stay in business. Bloomberg, Oc Register, 7 Jan. 2026 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 29 Jan. 2026.

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