单词 | insolvent company |
释义 | insolvent company This process allows an insolvent company to sell itself as a going concern while continuing to trade. The Sun The administrators had to seek orders for the production of documents and information from third parties who dealt with the insolvent company. Times, Sunday Times It recovers assets from the insolvent company and sometimes takes on the pension fund entirely, and becomes responsible for paying members' pensions. Times, Sunday Times In certain circumstances, a liquidator or receiver of an insolvent company may elect to appoint an administrator. Retrieved from Wikipedia CC BY-SA 3.0 The money comes from the remains of the insolvent company's pension pot, with cash levied from other schemes. Times, Sunday Times |
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