Those of you who are insolvent, we will nationalize and shut down.
The court appointed a receiver to administer and liquidate the assets of an insolvent corporation.
Third, the flow of resources through financial institutions is an irresistible source of government patronage. An important exemplar was the effort to promote home ownership among the insolvent.
We should consider the information asymmetry between the public and private sectors, between solvent and insolvent Banks and between government regulators and the banking industry.
If the court orders a new round of bidding or increases the lenders' take, it will establish a precedent that MLB's prerogatives cannot trump those of an insolvent club's creditors.
