go belly-up

He’d given Chastain his first big breaks, only to have a sponsorship deal go belly-up.

Many states require companies to plug wells that are tapped out and to post bonds in case they go belly-up, but those bonds don’t cover the cost.

Many states require companies to plug wells that are out of production and to post bonds in case they go belly-up.

As far back as 2014, when Caesars Entertainment closed the Showboat and the Atlantic Club amid a severe slowdown that saw four casinos go belly-up, then-chairman Gary Loveman none-too-subtly indicated that Bally’s was in danger of meeting a similar end, telling The Associated Press, “We need to make money there.”

Readers like Gardner know what they’d lose if their community papers go belly-up.