Quotes about bankruptcy

1. USA Gymnastics believes that the Bankruptcy Court is the best forum in which to implement appropriate procedures to equitably determine and allocate the insurance proceeds among claimants, allowing compensation to survivors to proceed more quickly than litigation filed in multiple courts around the country.

   In USA Gymnastics Files for Bankruptcy as it Seeks to Resolve Sexual Abuse Claims

2. Normally businesses like this fail and get sold off in pieces in bankruptcy.

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3. Within the next two weeks, distributions of more than $100 million collected from matured policies during the bankruptcy proceedings will be distributed to investors.

   In Life Partners Inc. Exits Bankruptcy, Begins Returning Assets to Investors