irretrievably insolvent

irretrievably insolvent
See hopelessly insolvent.

Ballentine's law dictionary. . 1998.

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  • hopelessly insolvent — Irretrievably insolvent; such state of insolvency that it is manifestly impossible to continue in business and meet obligations. Forsythe v First State Bank, 185 Minn 255, 241 NW 66, 81 ALR 1074. Where, at the time in question, there is a… …   Ballentine's law dictionary

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