Sentence examples for bankruptcy action from inspiring English sources

(2) Are not exempt from judgment creditors or in a bankruptcy action.

Judge Steven Rhodes of the United States bankruptcy court rejected an attempt by the city's pension funds and unions to have the bankruptcy action thrown out.

A crew of 14 seafarers has been left stranded on a container ship in Sydney, caught up in US bankruptcy action against a global shipping company.

Judge Stephen Rhodes rejected an attempt by the city's pension funds and unions to have the historic bankruptcy action thrown out.

He added that they also are more wary of small tenants and that some even require letters of credit for security deposits, which otherwise could be seized in a bankruptcy action.

The lawyer who filed the bankruptcy petition, Lester A. Lazarus, agreed that the bankruptcy action was intended to protect the 152-year-old cemetery, a not-for-profit corporation, but said it was necessary.

"To call this electronic registry a creditor in foreclosure and bankruptcy actions is legal pretzel logic, nothing more than an artifice constructed to save time, money and paperwork".

Retailers like Linens 'n Things and Circuit City and restaurants like Bennigan's have already filed bankruptcy actions this year, and the Chapter 11 filing of the securities firm Lehman Brothers is the largest in corporate history.

On October 25 , 1989 Judge Martin V.B. Bostetter dismissed the government's involuntary bankruptcy petition, finding that two of the entities involved were nonprofit fund-raisers and therefore not subject to involuntary bankruptcy actions.

Second, the bill broadly exempts bank executives from lawsuits and liability for pre-bankruptcy actions.

Declaring bankruptcy stops legal action by creditors, but it requires debtors to bare their finances.