Sentence examples for was forced into liquidation from inspiring English sources

Despite these changes, Eastern was forced into liquidation in 1991.

Tax officials are less lenient, too, as Rangers, a big Glasgow club, discovered: it was forced into liquidation by tax arrears, afterwards being reconstituted under new ownership.

"Rail regulation is a shambles," says a Whitehall source.The rail regulator's problems stem from the government's failure to reform the system after Railtrack was forced into liquidation.

Romney's team extracted profits, reduced employee levels, and by 2001 the company was forced into liquidation.

They ceased playing in 1914 15 because of the outbreak of First World War, and in 1917 the club was forced into liquidation due to bankruptcy, as one of the stands had been unpaid for and a creditor was pressing for payment.

There is therefore a substantial possibility that A.I.G. will be unable to meet its obligations and be forced into liquidation.

If the oil concern is forced into liquidation, a fire sale of its assets would probably provide only a small fraction of the $3.6 billion it owes bondholders.

"If sufficient forbearance has not been achieved, it seems extremely likely that the company will be forced into liquidation," the statement said.

If stripped of its licenses and certifications, WorldCom would lose its value as a going concern and probably be forced into liquidation.

Only last week it was announced that the Fountain of Youth Charity was being forced into liquidation due to governmental budget cuts.

If the group fails to prove it has the cash to buy Varig, and no other buyer emerges, the 79-year-old airline could be forced into liquidation.