going belly up

He said Mr. DeSantis stood by while insurance companies doubled rates “while they’re still going belly up when homeowners need them most.”

The prosecutors' move forced Kalkhoven's lawyers to argue that, whatever their client's tax returns might show, Kalkhoven was not on the verge of going belly up.

“You don’t want Instagram going belly up after a year.”

In May of 2018, China awarded Mr. Trump’s golden child, Ivanka, seven trademarks for her now-defunct lifestyle brand, right around the same time her father was pledging to save a major Chinese telecommunications company, ZTE, from going belly up.

City bankruptcy was created by Congress after the Great Depression, in response to 4,770 different units of city government going belly up.