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See articleIn a filing to a New York court, Argentina's government offered to reopen a debt swap to vulture funds which are demanding full payment of defaulted bonds.
Ms de Kirchner has refused to give in to the "hold-outs" demanding full payment and said the new voluntary deal would be in line with the terms of agreements made in 2005 and 2010.
However, analysts said the move dashed hopes that Argentina could strike a deal with the hedge funds demanding full payment and allow the country to move out of default and return to global capital markets.
But hedge funds that bought up debt at a 20 or 30 cents on the dollar have been driving Puerto Rico's politics ever since, refusing to negotiate with the local government and demanding full payment as the economy falls apart.
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Instead, it forcefully demanded full payment.
Recognizing the volatile reputations of some of his clients, Mr. Erkoc demands full payment in advance.
Depending on state laws and lender practices, the lender could either demand full payment of all the back payments, or continue with the foreclosure.
Many bonds are issued under New York law, which means that any individual bondholder has the right to sue and demand full payment.
Private counsel often demand full payment up front and enjoy a rich payday when a case ends in an effortless plea bargain.
On February 21st, he sent Sazonov, Rybolovlev's adviser, an eight-page e-mail outlining potential sales from the collection, but he demanded full payment for the Rothko by the end of the month.
The I.R.S. has also backed away from an interpretation of the new tax act that required collectors to demand full payment of taxes past due -- or nothing at all.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com