adjudge a firm as bankrupt by the court

简明释义

法庭裁定某企业破产

英英释义

例句

1.In a surprising turn of events, the court chose to adjudge a firm as bankrupt by the court after reviewing the financial statements.

在意外的事件中，法院在审查财务报表后选择由法院宣告该公司破产。

2.The legal team prepared all necessary documents to adjudge a firm as bankrupt by the court.

法律团队准备了所有必要文件以便由法院宣告该公司破产。

3.After a lengthy trial, the judge decided to adjudge a firm as bankrupt by the court.

经过漫长的审判，法官决定由法院宣告该公司破产。

4.The company was unable to pay its debts, leading the creditors to adjudge a firm as bankrupt by the court.

该公司无法偿还债务，导致债权人由法院宣告该公司破产。

5.Investors were shocked when the court decided to adjudge a firm as bankrupt by the court due to mismanagement.

投资者感到震惊，因为法院因管理不善决定由法院宣告该公司破产。

作文

In today's complex economic landscape, businesses face various challenges that can lead to financial distress. One critical legal process that companies may encounter is bankruptcy. When a company is unable to meet its financial obligations, it may seek relief through the courts. In such cases, the court has the authority to adjudge a firm as bankrupt by the court, which means to officially declare that the firm is unable to pay its debts and is therefore considered legally bankrupt. This declaration is not just a mere formality; it carries significant implications for the company, its creditors, and its employees.The bankruptcy process typically begins when a firm files a petition with the court. This petition outlines the firm’s financial status, including assets, liabilities, and any attempts made to resolve the financial issues prior to seeking bankruptcy protection. The court will review the petition and assess whether the firm genuinely lacks the ability to pay its debts. If the court finds sufficient grounds, it will proceed to adjudge a firm as bankrupt by the court, thus initiating the formal bankruptcy proceedings.Once a firm is adjudged bankrupt, it enters a phase where its assets are evaluated and liquidated to pay off creditors. The court appoints a trustee to oversee this process, ensuring that the distribution of assets is handled fairly and according to the law. Creditors are then categorized based on the nature of their claims, and they may receive a portion of the proceeds from the liquidation of the firm’s assets. This process can be lengthy and complicated, often taking months or even years to resolve fully.The implications of being adjudged a firm as bankrupt by the court extend beyond financial ramifications. For employees, this declaration can lead to job losses and uncertainty about their future. For creditors, it may result in significant financial losses, especially if they were counting on the firm to repay its debts. Additionally, the firm’s reputation may suffer irreparable damage, making it challenging to secure financing or partnerships in the future.However, bankruptcy is not always the end of the road for a firm. In some cases, firms may emerge from bankruptcy stronger and more resilient. The court may allow for a reorganization plan, enabling the firm to restructure its debts while continuing operations. This process can provide a fresh start for the company, allowing it to regain stability and eventually return to profitability.In conclusion, the phrase adjudge a firm as bankrupt by the court encapsulates a significant legal action that can have profound effects on a business. It signifies the formal recognition of a firm's inability to fulfill its financial obligations, leading to a structured process aimed at addressing these issues. While being adjudged bankrupt can be a daunting experience, it also presents opportunities for renewal and recovery, highlighting the resilience of businesses in the face of adversity. Understanding this process is crucial for entrepreneurs and business leaders, as it emphasizes the importance of sound financial management and proactive measures to avoid insolvency.

在当今复杂的经济环境中，企业面临各种挑战，这些挑战可能导致财务困境。公司可能会遇到的一项关键法律程序是破产。当一家公司无法满足其财务义务时，可能会通过法院寻求救济。在这种情况下，法院有权判定公司破产，这意味着正式宣布该公司无法偿还债务，因此被视为法律上破产。这一声明不仅仅是一种形式；它对公司、债权人和员工都有重要影响。破产程序通常始于公司向法院提交申请。该申请概述了公司的财务状况，包括资产、负债以及在寻求破产保护之前所做的任何解决财务问题的尝试。法院将审查申请并评估公司是否真的缺乏偿还债务的能力。如果法院发现有充分理由，它将继续判定公司破产，从而启动正式的破产程序。一旦公司被判定为破产，它就进入了一个评估和清算资产以偿还债权人的阶段。法院会任命一名受托人来监督这一过程，确保资产的分配公平且符合法律。债权人根据索赔的性质进行分类，他们可能会收到公司资产清算所得的一部分。这一过程可能漫长而复杂，通常需要数月甚至数年才能完全解决。被判定公司破产的影响超出了财务后果。对于员工来说，这一声明可能导致失业和未来的不确定性。对于债权人而言，这可能导致重大财务损失，尤其是如果他们指望公司偿还债务。此外，公司的声誉可能遭受不可逆转的损害，使其未来获得融资或合作变得困难。然而，破产并不总是公司的终点。在某些情况下，公司可能会在破产后变得更强大、更具韧性。法院可能允许重组计划，使公司能够在继续运营的同时重组其债务。这个过程可以为公司提供一个新的开始，使其重新获得稳定，并最终恢复盈利能力。总之，短语判定公司破产概括了一项重大法律行动，这可能对企业产生深远的影响。它标志着对公司无法履行财务义务的正式认可，导致旨在解决这些问题的结构化过程。虽然被判定为破产可能是一个令人生畏的经历，但它也为更新和恢复提供了机会，突显了企业在逆境中的韧性。理解这一过程对企业家和商业领袖至关重要，因为它强调了良好财务管理和采取主动措施以避免破产的重要性。