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Best Buy had asked for a standstill of 18 months, and then a one-year standstill.
This is the main reason Mr. Ackman is resisting Canadian Pacific's request for a standstill.
That is just part of the $26 billion of debt that its parent group, Dubai World, is now seeking to restructure, having asked for a standstill on repayments.
The fallout came swiftly after yesterday's statement that Dubai's main development engine, Dubai World, would ask creditors for a "standstill" on paying back its 60 billion dollar debt until at least May.
In early 2009, an announcement that Dubai World was looking for a standstill agreement on $59 billion of liabilities — along with a little more shaky debt from the emirate itself — would have been just another worry.
The rest is held by local banks, which are inclined to support Dubai World's request for a standstill as long as it means they will not have to take a loss on their holdings.
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"The lack of information when there's problems is such a pain and every so often you get a real problem and you can be waiting for ages at a standstill.
By October, the Department for Culture, Media and Sport, Arts Council England and the arts world will know if the funding for the arts will remain at a standstill for the next three years or will actually be reduced.
In so doing the fragments constitute the dialectical image, dialectical movement frozen for a moment, open for inspection, dialectics at a standstill: "Only dialectical images are genuine images".
And they could not suppress their delight at the news: traffic was bumper to bumper for four miles at the Bourne Bridge and at a standstill for two miles at the Sagamore Bridge.
Unite regional secretary for London, Peter Kavanagh, said: "London buses will come to a standstill for the first time in a generation across London on 22 June.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com