normal bankruptcy in a sentence

1. Under a normal bankruptcy proceeding, secured creditors such as banks must be paid before subordinated creditors, such as bondholders.
2. He suggested that it would be more economical if normal bankruptcy procedures were followed, with attorneys issuing subpoenas for documents they need.
3. The order of creditor s claims usually follows the normal bankruptcy order prescribed in a Chapter 7 bankruptcy, generally secured, and unsecured in descending order.
4. Instead, the housing lenders should be closed down through normal bankruptcy law procedures, said the Shinshinto party, which presented its own plan to deal with a crisis that has dominated Japanese politics since the beginning of the year.
5. The Court s ruling in Puerto Rico v . Franklin California Tax-Free Trust affirmed both of these policies, clarifying that Puerto Rico cannot create its own municipal bankruptcy code and is also excluded from the normal bankruptcy protections granted to municipalities in states, leaving its only legal restructuring path with Congress.
6. It's difficult to find normal bankruptcy in a sentence.