Buffett said the government's decision to allow Lehman Brothers Holdings to declare bankruptcy in September 2008 was probably a mistake.
He repeatedly urged us to declare bankruptcy.
And General Motors, a main employer, whose logo crowns Detroit's tallest tower, will probably declare bankruptcy by June 1st.
Where employers declare bankruptcy, cancellation, disbandment or close-off, they shall notice handling organs in written for assets liquidation within15 days after declaration, and assets shall be converted into current proceeds in accordance with law.
It's the person who borrows heavily and isn't afraid to declare bankruptcy that survives and goes on to prosper.
Failing companies often declare bankruptcy to seek government protection from their debts.
B had no choice but to declare bankruptcy.
In September 2008, Paulson refuse to offer such sales to Leathermen Brothers, permitting Leman Brothers to declare bankruptcy.
A sawmill in a small town, for example, may fail to pay wages, and then declare bankruptcy, only to restart under a new name with the same owners, managers and workforce.
When your body, mind, emotions and spiritfinally declare bankruptcy, you crash and burn out as the eventualprice of poor energy management is.
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