Financial intermediaries will become both insolvent and illiquid. The terms "insolvent", "in liquidation", or "in receivership" would be appropriate under some circumstances. Bankruptcy is a court-ordered liquidation procedure for an insolvent business. This established a specialist Court for the Relief of Insolvent Debtors. Nobody wants the insolvent to be destitute. In 1991, Chase Manhattan expanded into Connecticut by acquiring two insolvent banks. In 1896, a judge declared Ward "hopelessly insolvent". In July 2001 HSBC bought Demirbank, an insolvent Turkish bank. It appeared as though the government might seize Lincoln for being insolvent. Sales declined so rapidly that the company was soon insolvent. The large cash payout also made Groupon technically insolvent when it filed for its IPO. Top executives of the insolvent companies walked away with their personal fortunes intact. This had the effect of extending the period where S&Ls were likely technically insolvent. Tel, which was declared insolvent during May 2001. The Solomon Islands Government was insolvent by 2002.