Under Chapter 11, bankrupt firms continue to operate free of the obligation to pay creditors their due.
Altman's equation did a good job at distinguishing bankrupt and non-bankrupt firms.
'The cost in lost jobs, bankrupt firms, repossessed homes, in the terrible wounds inflicted on industry, has been savage.'
It's the way we treated the depreciation on some computer graphic equipment we bought from a bankrupt firm.
Buying shares in bankrupt firms in dying industries is rather more contrarian than my usual outlook on investing.
You all knew what he meant when he referred to it, & of the poor bankrupt firm of C. L. Webster & Co.
During the closing weeks of 1987, Texaco was haggling with Chairman Mao about the sum of money that the bankrupt firm would pay to Pennzoil.
The first truly ozone-friendly fridges have begun production in Germany, thanks to the rescue of a bankrupt firm by Greenpeace.
What kind of a legacy is a bankrupt firm?
The canonical example would be that of a bankrupt firm that is to be liquidated.
