The company is on the verge of insolvency.
该公司快要破产了。
He also knew that as the CEO of a company incorporated in Delaware, he was obliged by law to consider the interests of creditors over shareholders if his company faced insolvency.
他也知道,作为注册地点在特拉华州的公司的CEO,依据法律,在公司破产时必须首先考虑债权人的利益而不是公司股东的损失。
Nevertheless, the appointment of a receiver almost invariably presages a liquidation of the debtor company, and statute has given it some of the incidents of insolvency.
然而指定涉讼财产管理人几乎无例外地预示债务公司的清算,而法律对此提出一些破产的附带规定。
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