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Feb 3, 2021 16:06
3 yrs ago
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English term
involuntarily petitioned into bankruptcy
English to Greek
Bus/Financial
Economics
Effective immediately upon written notice for cause or if the other party becomes insolvent, makes a general assignment for the benefit of creditors, files a voluntary petition in bankruptcy, is involuntarily petitioned into bankruptcy, suffers or permits the appointment of a receiver for its business assets, or is wound up or liquidated.