Since most suppliers are paid in full well before goods leave the factory, the importer doesn't even enjoy the leverage that comes with owing payment to the supplier.
Burdened by debt — the Islanders still owed payments to the National Hockey League and to New York Rangers stemming from their entry into the league — Boe was forced to sell.
An article yesterday about a judge's ruling that 3 of 20 insurers of the World Trade Center owed payments to the leaseholder, Larry A. Silverstein, for just a single terrorist attack, rather than two, misattributed a quotation that described the ruling as a setback for him.
Correction: September 27 , 2002 Friday An article yesterday about a judge's ruling that 3 of 20 insurers of the World Trade Center owed payments to the leaseholder, Larry A. Silverstein, for just a single terrorist attack, rather than two, misattributed a quotation that described the ruling as a setback for him.
A Norway-based supplier of car-seat parts and a consulting group based in the automaker's home market of Sweden are owed payments; failure to pay suppliers led to the initial shutdown at Saab's primary production facility, which, despite a brief resumption earlier this summer, has remained idle for nearly five months.
I.B.M. owes back payments to 140,000 older employees who were harmed when the technology giant converted to a new kind of pension plan in the 1990's, a federal judge has reaffirmed in a ruling.
"TIDAL is up to date on all royalties for the rights to the music stated in Yesh Music, LLC and John Emanuele's claim and they are misinformed as to who, if anyone, owes royalty payments to them," a spokesperson for the company said.
And if the infrastructure underperforms, the investors owe a payment to DC Water ($3.3 million) – bringing the interest rate to 0.8percentt.
Faisal Abdullah, a spokesman for Iraq's deputy prime minister in charge of energy, Hussain al-Shahristani, confirmed in an interview in Baghdad in November that the government owed a payment to the Exxon-led consortium, but he did not characterize it as late.
The Fernandez government had warned that a default was unavoidable after the U.S. Supreme Court in June upheld a lower court ruling that Argentina owed full payment to hold-out bondholders who refused to accept discounts in earlier restructurings of debt after a 2001 default.
Under the union contract, Delphi owes substantial compensation payments to workers who are actually laid off.
