Is it possible for "wound up" to mean in this sentence: have a claim dismissed or lose a claim? I don't think it is referring to wound up in the sense of being injured because it would not make much sense in the whole context. "Where the assured has failed to satisfy a judgment and has been wound up, the unsatisfied creditor "steps into the shoes" of the assured and takes over whatever rights the assured has against the insurer". If it means to have the claim dismissed, would not it be a superfluous expression considering that just before it it is said that he "has failed to satisfy a judgment"? I'm struggling to understand the meaning of this article. Any help will be very appreciated.