Court in example sentence

But, though US bankruptcy law usually does a good job of restructuring industrial firms, it cannot restructure financial firms, because bankruptcy’s basic rules – which allow the court to consolidate the firm’s assets, redeploy them, and sell the rest – do not apply to most financial contracts, like derivatives.

More example sentences with word court

1980: The longest-running court case in US history, the Sioux Nation versus the United States, was ruled upon by the US Supreme Court.

The court determined that when the Sioux were resettled onto reservations and seven million acres of their land were opened up to prospectors and homesteaders, the terms of the second Fort Laramie Treaty had been violated.

The court stated that the Black Hills were illegally taken, and that the initial offering price, plus interest, should be paid to the Sioux Nation.

As payment for the Black Hills, the court awarded only 106 million dollars to the Sioux Nation.

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