Under the deal, Enron owes Mahonia a variable payment on March 26, which equals the variable payment owed by Mahonia to Morgan, which equals the variable payment owed by Morgan to Enron, all due on the same day.
Puerto Rico will default on a $35.9 million payment owed to its Infrastructure Finance Authority and another payment of $1.4 million due to its Public Finance Corp.
Borrowers would have been allowed to defer any tax payments owed on the forgiven debt.
Their relationship fell into further acrimony over payments owed by Spector to the band.
So if it pays the interest payments owed on its restructured bonds, it must also pay the money owed on the bonds whose holders refused to restructure.
Cities across the state are facing steep increases in pension payments owed to CalPERS.
Pureval's lobbying firm made millions helping Libya reduce payments owed to families of Americans killed by Libyan terrorism.
Rent Payable is a liability account used to recognize the accrual of rent payments owed.
Forced to leave a message with an assistant, he said mischievously: "Tell him I was looking through my author's contract, and it says Simon & Schuster owes me my last payment today.
Her last payment was made in 2005.
