Sentence examples for insolvency process from inspiring English sources

Putting the club through the insolvency process now would lead to "financial disaster", added Stonefrost.

She said the company's directors could not be held liable as they step aside during the insolvency process.

The statement said: "It is anticipated that the company will enter a formal insolvency process and advice is being taken.

In the absence of an international insolvency process, lenders have acted recklessly, knowing they can never lose.

Congress could have enacted an insolvency process that was comprehensive, but instead the authority still does not cover key parts of the financial institution.

"The impact on cash flows has resulted in the business being unable to continue to operate outside of an insolvency process.

At the beginning of the game, a firm declares insolvency, and the official insolvency procedure starts.

The insolvency administrator is of particular importance in the German Insolvency Code; therefore, we use the German insolvency procedure as the basis for our analysis.

They regularly advise on redundancy issues including process, fairness, insolvency and lay-off.

This contrasts with Chapter 11, which does not require insolvency to enter the process, although the debtor must be acting in "good faith".

If a bank approaches insolvency, we have a process through the FDIC that protects depositors and maintains confidence in the banking system.