in bankruptcy

phrase

: officially recognized as bankrupt

The company is now in bankruptcy.

Examples of in bankruptcy in a Sentence

Recent Examples on the Web

The deal came after years of financial trouble for the project, which had initially been envisioned as a $500 million estate before being listed for $295 million and ultimately landing in bankruptcy. — Abby Montanez, Robb Report, 6 Nov. 2026

That fundamental fact resulted in LIV Golf’s lawyers announcing in bankruptcy court Thursday that the upstart league is pursuing full liquidation of assets. — Steve Henson, Los Angeles Times, 5 Nov. 2026

On the flip side, bashing the circuit that paid you hundreds of millions of dollars and happens to be in bankruptcy proceedings would be a bit harsh. — Mark Harris Outkick, FOXNews.com, 3 Nov. 2026

Even in bankruptcy, Brightline still operates the Orlando and Miami line that tops speeds of 125 mph. — Chris Isidore, CNN Money, 4 Oct. 2026