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The debt dates back to 1989, when educators with the Richmond Unified School District bought computers and software from IBM but paid only a fraction of the bill.
About half of the debt dates to the 2008 financial crisis, when Beijing unveiled a 4 trillion-renminbi fiscal stimulus package that compelled the local authorities to spend their way back to economic health.
Mr. Sand's debt dates to 1995, when a judge in Nassau County ordered him to pay $750 per week, an amount the court later raised to $995 per week to account for cost-of-living increases.
His debt dates to 1995, when a Nassau County court ordered him to pay $750 per week, an amount the court later raised to $995 per week to account for increased expenses.
For Mr. Sand, 50, the huge debt dates to 1995, when a Nassau County judge ordered him to pay Ms. Sand $750 per week, an amount the court later raised to $995 per week to account for cost-of-living increases.
The debt dates to a leveraged buyout completed by a previous management team in January , 1990 said Moriarty, 45, who is now an owner of the chain.
Similar(54)
In England, statutes decreeing imprisonment for debt date to the thirteenth century.
This week, the government announced the immediate privatisation of £890m of student debt dating from between 1990 and 1998.
Donegal owns a $15m£9.5m5m) Zambian debt, dating back to 1979, which was originally purchased from Romania in 1999 for $3m.
But last fall, unable to meet the terms of its bank loans and debt dating back to the 2003 acquisition itself, Simmons stopped making interest payments to its bondholders.
The hedge fund owned $1.7 billion of Argentine debt dating to the nation's financial crisis in the early 2000s, and the country was refusing to pay it.
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