The events are sure common.
After a contractor failed to complete a program to update and combine numerous IT resources for numerous departments the state of Minnesota brought a program called MNLARS in house.
Among the failures that ended up being super costly, there was nobody really in charge of the whole program, and many people who were decision makers didn't even know work was waiting on them making decisions / they didn't even know they had the power to make those decisions. In short nobody was at the wheel...
I don't know if there is a very clear term for that, but I really like your "ownership vacuum".