How to use insolvently in a sentence? Find typical usage patterns (collocations)/phrases/context for "insolvently" and check conjugation/comparative form for "insolvently". Mastering all the usages of "insolvently" from sentence examples published by news publications.
The launch was in fact so poor, the company was able to tell in the first 10 minutes that it would not make enough money to save the company. At this time the company was so deeply in debt that by continuing operation the Directors faced criminal prosecution under UK insolvency law. "Tom (Arundel) spent a lot of time in those final days genuinely convinced that we were trading insolvently, probably trading insolvently, which is a criminal offense. So he was arguing that we needed to stop immediately, completely down tools, or there was a very real possibility that we would face prosecution".
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Actually the stations assets including broadcast equipment and transmitters were sold at market (book) value, a market level rental agreed for the space occupied and an annual licence fee agreed. Various arrangements were debated over the preceding three years following the previous limited liability company (controlled by minority shareholders) trading insolvently which forced UCSA to inject funds and restructure the organisation. After the 2011 Christchurch earthquake, the radio station lost its base at the University of Canterbury and for the next three years, it broadcast from a modified horse truck.
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In 2007, the University of Canterbury Students' Association controversially agreed to sub-licence the RDU frequency to a newly formed company, RDU98.5FM Ltd and students against the sale selectively leaked information to the Press stating the station was sold for the price of $1. Actually the stations assets including broadcast equipment and transmitters were sold at market (book) value, a market level rental agreed for the space occupied and an annual licence fee agreed. Various arrangements were debated over the preceding three years following the previous limited liability company (controlled by minority shareholders) trading insolvently which forced UCSA to inject funds and restructure the organisation.
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