in bankruptcy

idiom

: officially recognized as bankrupt
The company is now in bankruptcy.

Examples of in bankruptcy in a Sentence

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Note the irony here that a person who can't keep proper business books is probably more likely to land in bankruptcy than a person who does have the ability to keep such books. Jay Adkisson, Forbes, 22 Dec. 2024 Codenamed Project Zed, the plan allowed Endo to restructure its debt to retain control of the company and hand out $95 million in executive bonuses before seeking protection in bankruptcy. Bob Fernandez, ProPublica, 17 Dec. 2024 The potential for more store closures comes after a fifth notice was filed in bankruptcy court. Matt Robison, Newsweek, 20 Nov. 2024 The Eagles lost the building in bankruptcy in 1988, when it was purchased by a business group led by John Stanelle. Piet Levy, Journal Sentinel, 11 Dec. 2024 See all Example Sentences for in bankruptcy 

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“In bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20bankruptcy. Accessed 2 Jan. 2025.

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