Sentence examples for were insolvent from inspiring English sources

In ordering the windup and liquidation of the offshore Fletcher funds, the Cayman court found that the funds were insolvent on a cash-flow basis, and it appointed local insolvency specialists to serve as official court-appointed liquidators and to pursue claims on behalf of investors.

It could also happen if the subsidiary were insolvent.

The central bank of China closed three state-run investment trusts that it said were insolvent.

"In the 1980s one-third of the S.&.Ls were insolvent," Mr. Barr said.

The nationalizers thought that the banks were insolvent — that the toxic assets were worthless.

When inflation came down, it became clear that a number of them were insolvent.

"I said that we are insolvent, and we have to embrace our insolvency," he recalled recently.

The term "insolvency year" means a plan year in which a plan is insolvent.

Greece is insolvent.

Mada was insolvent.

"They are insolvent".