This process allows an insolvent company to sell itself as a going concern while continuing to trade.

The administrators had to seek orders for the production of documents and information from third parties who dealt with the insolvent company.

It recovers assets from the insolvent company and sometimes takes on the pension fund entirely, and becomes responsible for paying members' pensions.

In certain circumstances, a liquidator or receiver of an insolvent company may elect to appoint an administrator.

The money comes from the remains of the insolvent company's pension pot, with cash levied from other schemes.

Somehow, they still have to trade this week even though they are technically insolvent.

There are good reasons that the share prices of investment banks are being marked down: many are technically insolvent.

Many of the world's banks are technically insolvent.

Along with the other three big state-owned banks, it was technically insolvent.

If most of the global banking system was technically insolvent, at least by today's accounting standards, throughout the 1980s, how was it able to finance this record-breaking economic growth?