insolvency

After years of fiscal chaos, which included a budget deficit as high as $120 million, the layoff of 20 percent of its teachers and the district nearing the brink of insolvency, there was a bit of optimism.

The federal government recently argued in court that it had to take the drastic step of freezing Kalkhoven’s assets because he appeared to be on the brink of insolvency.

Johnston and Parfet pledged to raise enough money to keep the foundation going “in perpetuity,” but if those funds don’t materialize, the city risks insolvency.

The trustees’ annual reports have repeatedly warned about the encroaching insolvency of Medicare.

Simmonds said conversations about how to avert insolvency need to begin now, and that Lemon Grove should start by assessing the feasibility of offloading fire protection to the county.

For Carter, the cause of this insolvency was the global Cold War.

And with 10,000 aging baby boomers reaching eligibility every day, Medicare and Social Security are nearing insolvency.

States increasingly facing debt burdens that threaten insolvency.

And like Vietnam, it has helped bring us to the brink of insolvency as well.

This potential double-whammy could push the Palestinian Authority towards insolvency.

They can never be taken from the capital, for this would impair it and, if continued, result in the insolvency of the corporation.

Four months previous to the opening of this story he died in a state little better than insolvency.

The court of insolvency made that which was foreign, colonial property.

Sceptics, materialists, loaded with debt, they raised poverty to a system and laughed at their voluntary insolvency.

In it the criminal courts are held; there too are the offices of the court of probate and insolvency.