Yes: insolvency necessarily, not always bankruptcy, because there could be insolvency proceedings, but yes, essentially the buyer has ceased operation.
On June 1st, 2016. See this statement in context.
On June 1st, 2016. See this statement in context.
Professor, College of Law, University of Saskatchewan, As an Individual
Yes: insolvency necessarily, not always bankruptcy, because there could be insolvency proceedings, but yes, essentially the buyer has ceased operation.
See context to find out what was said next.