Moreover, in the past the Argentine government has paid judgments in bonds rather than cash.Azurix and Blue Ridge Investments—a Bank of America subsidiary that bought CMS Energy's claim are trying to turn up the heat.
The money could be used to directly pay judgments made against the city and the contractors.
Using federal money to pay judgments directly requires the approval of Congress, and lawmakers may be reluctant to approve such an unorthodox plan.
Little information is available about the financial condition of Andersen, a private partnership, but partners who have seen the financial statements for last year said that given its reduced payroll, it should be able to operate until it has to pay judgments or settlements in lawsuits.
Litigators estimate losers in these markets resist paying judgments in 10% to 50% of cases, particularly in countries where power is consolidated in the hands of a few wealthy families or government officials.
Chevron has not paid the judgment.
State Farm paid the judgment in December of 2013 about seventeen million dollars, according to Bentham, including interest accrued, at eight per cent, on the amount awarded.
It was from the Department of Taxes and Assessments, City of New York, notifying Eustace that his personal property had been assessed at $15,000 and that if the tax were not paid a judgment good for twenty years would be obtained against him.
It was from Department of Taxe s and Assessments, City of N.Y., notifying Eustace that his personal property had been assessed at $15,000 and that if tax were not paid a judgment would be obtained against him.
"Whether or not he can pay the judgment, I will enter a judgment," Ellis told the court.
