insolvency proceedings in a sentence

Examples

1. In November 2015, Abengoa started insolvency proceedings.
2. Under French bankruptcy law, the appointment of a mandataire ad hoc is the first step in pre-insolvency proceedings.
3. In April 2016, Hanjin applied to its creditors for debt restructuring, in order to avoid formal insolvency proceedings.
4. Should insolvency proceedings be launched, there is uncertainty as to which country's jurisdiction-- France's or Britain's-- would prevail.
5. A spokesman for the municipal court in Weilheim near Munich said the company had started an insolvency proceeding.
6. In insolvency proceedings, secured lenders traditionally have priority over unsecured lenders when a court divides up the borrower's assets.
7. In June 2008, Maxdata, formerly Germany's largest computer manufacturer, filed for insolvency proceedings at the Local Court in Essen.
8. Today, the business is called Solberger Telecom AG iL, and since July 17, 2002, has entered into insolvency proceedings.
9. Siemens Nixdorf AG, which owns 12 . 5 percent of Escom, had no immediate comment on the insolvency proceedings.
10. The airline was a sub-company of Fairline Flugbetriebs GmbH, which started the insolvency proceedings ( according to KSV ).