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Far from being bankrupt, Mr Osborne's stock is doing rather nicely.
Companies are also free to freeze their pension plans and switch to 401(k) plans without being bankrupt.
After his trip to court, Griffin took to Twitter to make another declaration: "A note for all: Being bankrupt does NOT prevent me being or standing as an MEP.
California is the largest textbook market, but besides being bankrupt, it tends to be so specific about what kinds of information its students should learn that few other states follow its lead.
Typically, when you think of a company being bankrupt, you think of it being unable to pay its bills or meet its payroll, being unable to get credit to order new inventory, and so on.
Section 44 of the constitution sets out the criteria for ineligibility, which includes being a foreign citizen, being bankrupt or insolvent, or holding an office of profit under the crown.
Similar(46)
Want to risk being bankrupted?
Now she is bankrupt.
But Stockton is bankrupt.
"Because we were bankrupt".
It's bankrupt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com