Definition of Bankruptcies:
inability to pay debts
Synonyms of Bankruptcies:
Opposite/Antonyms of Bankruptcies:
Sentence/Example of Bankruptcies:
A Delaware judge on Friday gave the green light to Simon to become part owner of Brooks Brothers, the two-centuries-old menswear retailer that was tipped into bankruptcy last month by the coronavirus pandemic.
A huge portion of consumer bankruptcies involve at least some amount of gambling that occurs.
During the first half of 2020, total bankruptcy filings — the vast majority of which were by individuals — were actually down 23 percent relative to the first half of 2019, according to court data from Epiq AACER.
Doing a few things that would slow down any sort of bankruptcy proceedings for any particular companies is probably the right thing.
Last year, Purdue filed for bankruptcy, but not before members of the Sackler family, the company’s owners, redirected more than $10 billion from the firm’s accounts into their own.
The financial burden of the war, as the full measure of it dawned upon our minds, seemed to betoken a universal bankruptcy.
After one month, and within a year from the adjudication of bankruptcy, the bankrupt may apply for a discharge.
Another act of bankruptcy is to convey, transfer, conceal or remove property with the intention to defraud creditors.
The federal Bankruptcy Act prescribes what property passes to the trustee and also what is exempt.
Every debt which may be recovered either at law or in equity may be proved in bankruptcy.