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The escrow system may also persuade more bondholders to go along with the "voluntary" restructuring.
The last four league champions have all paid luxury tax.Only the second safeguard, the escrow system, has proved effective.
The service is based on an escrow system, where payments are held until the product is delivered.
The players' overall take of the NBA's income is capped by an escrow system, and each team's expenditure is limited by a salary cap and luxury tax.
And, just like eBay, there were star ratings for sellers, detailed feedback, customer service assurances, an escrow system and a busy forum in which users posted helpful tips.
After an unproductive exchange Monday over how an escrow system would work, the two sides are concerned that talks may break off soon after they start today.
Similar(33)
Since Wall Street would have collapsed without the taxpayer-financed rescue, Roubini says, Congress should have mandated a bonus-escrow system as a condition of the bailouts.
According to I-Escrow's investigators (informally known as the fraud squad), Mr. Prime had opened 25 accounts on the I-Escrow system and had been in contact with at least nine sellers.
But he also acknowledged that criminals and terrorists would find alternatives to any escrowed system.
*Creating an escrow fine system in which a small percentage of each player's paycheck would periodically be put aside until he leaves the game.
There are end-to-end solutions for both job seekers and hiring managers to find and manage projects and full-time jobs, including a secured escrow payment system.
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