Sentence examples for filed for receivership from inspiring English sources
On Friday, Ssangyong filed for receivership — similar to bankruptcy protection in the United States.
The paper company filed for receivership, and all 600 workers were told that they were out of a job.
A scandal-ridden magnet and bicycle maker, YBM Magnex International, filed for receivership in Canada this week and said it expected to be indicted in an American organized-crime investigation.
Two days after being declared bankrupt, Daewoo Motor filed for court receivership, saying normal operations were no longer possible.
On Dec. 6, Halla Heavy Industries and Halla Merchant Marine, a shipping company, filed for court receivership.
The Daewoo Motor Company, which filed for court receivership Friday, may be asked to make more extensive job cuts and close some assembly plants as creditors try to revive the insolvent company, a leading South Korean automaker.
South Korea's Ssangyong Motor filed for court receivership, falling victim to a global downturn that has eviscerated auto sales.
Hanjin Shipping Co., one of the world's largest shipping lines, filed for court receivership in South Korea on Wednesday.
"Ssangyong decided to file for court receivership to deal with an urgent liquidity crisis and to transform itself into a company with sustainable growth," the automaker said in a statement.
In April 2009, with sales at a near standstill, debts mounting and the company's stock sliding below €3 a share, the Rodriguez Group filed for protection under French receivership laws.
The move comes about seven weeks after Bebo filed for Chapter 11 voluntary bankruptcy protection, at which point it was put under the receivership of the Burke Capital Corporation, which has been handling an auction of its assets.
