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if any step, action, application or proceeding is taken in relation to the whole or any material part of the other party for a voluntary arrangement or composition or reconstruction of its debts or winding up, dissolution, administration or receivership (administrative or otherwise) or there is a threat of the same.
The club is expected to be put into administration on Monday after a winding up order from HM Revenue & Customs.
Portsmouth could then be wound up, placed into administration or be given leave to appeal.
And if Mr. Durham interviews C.I.A. employees who say superiors at C.I.A. headquarters authorized their actions, he may follow the case up through the higher echelons at the agency and elsewhere in the Bush administration — winding up with a broad examination that the White House wants to avoid.
Dunfermline have made their highest-earning players redundant after applying to go into administration to avert being wound up.
From here on in, Portsmouth either go into administration, or they get sold, or they get wound up.
He's wound up.
Our call wound up.
Busch wound up third.
A WEEK wound up.
I got wound up.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com