in bankruptcy

idiom

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

Examples of in bankruptcy in a Sentence

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The Dodgers had started that 2012 season in bankruptcy court, and all of a sudden the baseball world nervously wondered whether the new owners had a spending limit, or at least what that spending limit might be. Bill Shaikin, Los Angeles Times, 23 Jan. 2025 Defense attorney Michael Tolbert and Simon said Tuesday that Outlaw is in bankruptcy, which could stall litigation. Maya Wilkins, Chicago Tribune, 21 Jan. 2025 Bankruptcy protections For decades, student loan borrowers found it next to impossible to walk away from their federal student debt in bankruptcy. Annie Nova, CNBC, 21 Jan. 2025 Spirit Airlines is back in bankruptcy court seeking permission to do a sale-leaseback on Airbus planes awaiting delivery. Peter Green, Quartz, 15 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 11 Feb. 2025.

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