How to say that company is, in effect, bankrupt. in Japanese

1)そのその(sono) (n,n-suf) that/garden/orchard/park/plantation/place/location会社会社(kaisha) (n) company/corporation/workplaceは(ha) (int) indicating a subject/yes/indeed/well/ha!/what?/huh?/sigh事実上事実上(jijitsujou) (n,adj-no) matter of fact/actually/in realityは(ha) (int) indicating a subject/yes/indeed/well/ha!/what?/huh?/sigh倒産倒産(tousan) (n,vs) bankruptcy/insolvency/commercial failure/failed businessだ(da) (aux) be/is/indicates past or completed action/indicates light imperative。(。) Japanese period "."    
sono kaisha ha jijitsujou ha tousan da 。
Grammer form日常会話 (Casual form)Casual form (nichijoukaiwa)
everyday casual language, commonly used between friends and family.
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