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It could lead to Greece being financially sovereign-but-bankrupt outside the euro (Larry Elliott's prediction) instead of dependent-but-merely-poor. Some people would regard that as progress.
Without credit, companies that count on outside finance will go bankrupt, requiring an impossibly large fiscal and monetary policy stimulus to achieve full employment.
Outside the bankrupt cities we live in Megalopolis which has no geographical limits.
In addition, PokerStars agreed to rescue Full Tilt, pledging to reimburse $184m owed to the effectively bankrupt group's players outside the US.
Her board service ended in 2010 after the bankrupt company received an equity infusion from outside investors.
Diplomats say he argued that he could not ask a bankrupt country to accept loans when the outside world had promised so much in outright grants.
Rather give me Graham Greene – whose equally depressing The Human Factor has at least got characters with a real life outside the morally bankrupt Service for which they work.
Greenberg said Tuesday that without a loan or any other injection of capital from the outside, the giant insurance company would be bankrupt.
In the distance, well outside the property, is the bankrupt Malibu Country Club, its golf course turning brown over what once was the original stream bed for Trancas Creek.
Past efforts to grow in America via a stake in Gottschalks, a bankrupt retailer and in Italy came to naught.More importantly, the company is unaccustomed to outside scrutiny.
A company goes bankrupt when the market (liquidation) value of its assets (K) falls below its debt obligations to outside creditors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com