insolvency

Explicitly removing government guarantees would compel Fannie and Freddie to operate responsibly, knowing that reckless behavior will lead to their insolvency, not to another taxpayer rescue.

In an email to customers, the company said it ceased trading due to insolvency and would commence formal liquidation shortly.

Only now, all this time later, do I recognize that being spared the disgrace of bankruptcy and insolvency was a blessing and a curse.

In a post on social media on Wednesday, bosses at the Stoke-on-Trent firm, based in Burslem, said they have told insolvency business Moore Recovery to help with voluntarily liquidating the company.

One of the plaintiffs in the current litigation, a small Florida company, says that the tariffs force it to lay off employees, raise prices, and as a result, lose business to the point of insolvency.