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Many companies went bankrupt, which threw people out of work.
The article carried the headline "Let Detroit Go Bankrupt," which critics continue to use against him.
Huhne even called the economy "shattered" and "bankrupt", which it clearly is not.
And let's not forget that he famously said 'Let Detroit go bankrupt,' which would have decimated the auto industry".
You can declare yourself bankrupt which will write off your debts, but may affect your ability to secure future loans.
The only risk was if the company went bankrupt, which would leave the employee as an unsecured creditor.
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In Madonna's view, we're a spiritually bankrupt nation -- which she helped create!
In 1808 Brockhaus purchased the copyright of the bankrupt Konversationslexikon, which had been started in 1796 by Renatus Gotthelf Löbel.
It is involved in some Polish industrial workouts, such as bankrupt Elektrim, which is feared to be eating into its risk ratios.
A large percentage of goods sold comes from defunct jewelry stores - bankrupt stocks which must be sold to satisfy Maiden Lane creditors.
Contrast that with today's nearly bankrupt Detroit, which narrowly warded off the state mandating an emergency manager this spring, through a controversial consent agreement.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com