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China's real political constituencies are its wildly inefficient, often bankrupt state-owned enterprises.
Power is distributed to homes and firms by publicly owned grid companies that are often bankrupt, their tariffs kept too low by local politicians.
Now Ulm, and a handful of other German towns, have become associated with the biggest betting scandal in European sporting history, a scam that has laid bare the little-known, often bankrupt, underbelly of the world's favorite sport.
Distributors can have very complex contracts that can often bankrupt skin care brands when they are smaller or a start-up.
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And when they have insurance, families are often bankrupted by medical costs.
In one example Mr. du Guerny cited, Cambodian farmers often go bankrupt in bad years and accept money from lenders who charge high interest rates.
So-called patent trolls acquire patents, often from bankrupt companies — and often overly broad patents that should never have been issued by the United States Patent and Trademark Office in the first place.
When the dust settled after the companies that Bain restructured were downsized — or, as happened all too often, went bankrupt — total U.S. employment was probably about the same as it would have been in any case.
The actions of shareholders, who are last in line for payment when a company is bankrupt, often combine with poor management incentives to extend the process, Ms. White said.
Lottery winners who go bankrupt often go crazy buying houses and cars in the initial stages of having their winnings.
Bankrupts often run into difficulty remaining in professions such as the police, armed forces and various financial services posts.
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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