declare insolvency

My travel agent declared insolvency just before I started the holiday.

The clubs financial trouble however continued, having to declare insolvency on 22 October 2008, despite sitting second in the league.

In 2003, the club experienced financial trouble, having to declare insolvency.

Should a club declare insolvency during a season its first team will be automatically relegated to the next league below.

Financially, the club came close to having to declare insolvency at the time.

Under the burden of a huge loan, he once had to declare insolvency.

The club had to declare insolvency at the end of the 2009-10 season and folded.

It came close to financial collapse once more in 2010 and had to declare insolvency but managed to recover.

After having to declare insolvency, Löring was rarely seen in public, as he felt embarrassed about it.

Second, it is totally unfair that manufacturers can declare insolvency in this way.