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"non-payment" Definitions
  1. failure to pay a debt, a tax, rent, etc.
"non-payment" Antonyms

231 Sentences With "non payment"

How to use non payment in a sentence? Find typical usage patterns (collocations)/phrases/context for "non payment" and check conjugation/comparative form for "non payment". Mastering all the usages of "non payment" from sentence examples published by news publications.

Lysius commenced a non-payment action against Ondaan for the late rent and eventually lost the mortgage to the house because of Ondaan's non-payment, according to the report.
They are the main culprits for either late or non-payment.
Then, one supplier refused to provide parts due to non-payment.
It had been cut off for non-payment, and never rang now.
That would include non-payment, lack of basic infrastructure and compliance issues.
"Freelancers experiencing non-payment lose an average of $6,000 annually," Pearce said.
RISK OF NON-PAYMENT Beyond the 46 billion lira, banks have on their books some 296 billion lira in so-called Stage 2 loans, or those for which the risk of non-payment has increased significantly, the banker said.
Trade credit insurance covers the risk of non-payment for goods or services.
Auctus is suing Abraaj in the Cayman Islands for non-payment of debt.
In 2011, judges converted that into a seven-day jail term for non-payment.
It's also the same apartment her landlord has filed multiple non-payment proceedings about.
Despite the non-payment issues, it seems the two companies carried on with their partnership.
With such unanimity of opinion, site neutrality has become a sine qua non payment policy.
On Wednesday, it announced it had suspended services over non-payment of foreign currency fees.
He says the store's power was shut off May 14 for non-payment of bills.
Its planes were largely acquired through leases that have been voided because of non-payment.
The company has entered into a 0003-day grace period following the non-payment event.
In the event of non-payment, you'd at least retain all rights to the work.
Trump said such incidents of non-payment had taken place when the work was unsatisfactory.
He says the store&aposs power was shut off May 14 for non-payment of bills.
This included a claim that non-payment was a countermeasure against Russian interference with Ukraine's sovereignty.
The kidnapper was reportedly a disgruntled ex-employee who was angry over non payment of benefits.
Of the 20 non-payment cases, 6 were from tax agencies in different states, Greenspan said.
In 2017, the city passed the Freelance Isn't Free law, which protects freelancers from non-payment.
The government started an eight-week public consultation on Wednesday on whether non-payment should be decriminalised.
The government started an eight-week public consultation on Wednesday on whether non-payment should be decriminalised.
Dave, 33, was sentenced to eight weeks (of which he'll serve four) for non-payment of fines.
He was slapped with tax liens totaling $120,000 and also faced eviction for non-payment of rent.
The charge was related to the non-payment by Dollar Express for stores bought from the company.
Non-payment of teachers' salaries has also impacted the availability and quality of education for Yemen's children.
Trade credit insurers paid 210 million pounds to businesses in 2016 for non-payment claims, the ABI said.
Trade credit insurers are also getting nervous about offering policies for non-payment by similar companies, he added.
But as the economy continues deteriorating dramatically non-payment risks following expropriation and arbitration cases are significantly escalating.
Failure to perform arterial testing should result in non-payment for the amputation from Medicare (and other payors).
Non-payment of wages is commonplace, leading to low morale and threatening the fight against Islamist insurgents. reut.
Two were from 21, one was from 1703, and one was from 2170; all were non-payment proceedings.
Wanda's onshore local currency notes also have various creditor protection measures that could be triggered by non-payment events.
Wanda's onshore local-currency notes also have various creditor protection measures that could be triggered by non-payment events.
The Post, the only independent newspaper in the country, was closed in June, allegedly over non-payment of taxes.
That means around two-thirds of its fleet is grounded for non-payment to lessors, maintenance or other reasons.
The New York Department of Taxation and Finance temporarily shut down the club for non-payment of sales taxes.
However, it said it didn't criminalize every case of salary non-payment, especially those borne out of business failure.
Workers this week downed tools at Optimum Coal, another Gupta-owned mine, concerned over the non payment of their salaries.
A CDS is a financial derivative that effectively functions as insurance against non-payment of bonds and other credit instruments.
Abdi Mohamed Ahmed told Reuters, adding that the move was to protest about non payment of salaries for four months.
Rapper T.I. also had to close his restaurant, Scales 925, after being sued for non-payment by some of his employees.
The decision was expected as Russia has repeatedly said it would regard non-payment as a default and file a lawsuit.
Shipping and trade credit insurance, which remove the risk of non-payment for goods, are the first types of insurance being offered.
This could be the result of a substantial weakening of the bank's performance, which could increase the risk of coupon non-payment.
The insurance will be available for commercially viable sales contracts of canola seed, oil and meal, and will cover potential non-payment.
It was forced to suspend production temporarily at its four China plants last month over issues of non-payment to a supplier.
Both sources said there were increasing voices within government pushing for non-payment, whereas PDVSA executives were stressing the need to pay.
It has created a culture of non-payment in Tabasco not just for electricity bills, but also for land taxes and water bills.
Jet, however, said on Thursday that five planes had been grounded due to non-payment of dues to lessors, as reported to regulators.
Euler Hermes, an insurer that provides protection against non-payment between companies, is also seeing "substantial evidence" of stockpiling, mainly among large manufacturers.
Several Faraday suppliers, including seat supplier Futuris and media provider Mill Group, have sued the company for non-payment, according to court records.
A nationwide strike in protest at the lack of jobs and non-payment of wages for government employees shut down much of Zimbabwe.
It secured a court order to suspend non-payment lawsuits by various aircraft lessors seeking to get their planes back that same day.
Mr Ramaphosa explains that non-payment stems partly from the era of apartheid when, as a union leader, he called for rent boycotts.
The lawsuit says ChromaDex CEO Frank Jaksch tried to reach out to resolve these and the non-payment issues but Elysium ignored his efforts.
Tech Mahindra claims it didn't receive the notice to which it was entitled and that its non-payment came after it learned the truth.
Whether it's payment or non-payment applications, the number of startups in Africa's fintech space and the breadth of their activities continue to grow.
The National Aviators Guild, the union of Jet pilots, had planned to go on strike from April 1 because of non-payment of salaries.
The company said it recorded an impairment charge of $50.9 million due to non-payment by Dollar Express for stores bought from Dollar Tree.
The last time junior doctors took industrial action was in 1975 over non-payment for work done outside the standard 40-hour working week.
Yet, to date writing is considered a mere hobby, and awful pay, combined with issues like non-payment, is rampant in the publishing industry.
The airline, which is struggling financially, has said that 32 of the planes in its fleet have been grounded for non-payment to lessors.
For its part, Fetch claims that this is all a strategy to distract from Uber's non-payment for services to it and other smaller companies.
Changes in the original conditions might help delay the risk of non-payment, but this process does not minimize the risk the client is facing.
Planes were grounded for non-payment of leases, fuel deliveries stopped, flights inevitably cancelled, frustrated customers denied access to lounges and subject to unending frustrations.
But more and more Nakumatt creditors have gone to court in recent months seeking to wind up the business due to non-payment of debts.
Alleged abuses include the non-payment of wages for several months; "squalid and cramped" accommodation; and workers being threatened for making complaints about their conditions.
The reports claimed that GECAS had asked the debt-laden airline to ground at least five Boeing 737 aircraft due to non-payment of dues.
But other purely domestic applications may face fewer regulatory hurdles to scale in developing countries, and non-payment-related use cases may merit attention first.
Jet Airways has already canceled thousands of domestic and international flights as planes were grounded over the non-payment of fees to aircraft leasing companies.
Among other things, it argues that non-payment is a countermeasure against Russian interference with Ukrainian sovereignty - a reference to the 2014 annexation of Crimea.
On the flip side, Square is more diversified, generating revenue from non-payment products such as its Square Capital lending business and Caviar restaurant-delivery operation.
Julio Bueno said the non-payment of debt to the Agence Française de Developpement and the Inter-American Development Bank blocked the release of the funds.
The Cambodia Daily, an English-language newspaper was also forced to shut in September following government allegations of non-payment of millions of dollars in taxes.
It had also argued that non-payment was a countermeasure against interference in its economy and territory following Moscow's military 2014 intervention and annexation of Crimea.
"The government is also going to stop some evictions for non-payment of rent in high-tension markets where there are vulture funds involved," Iglesias said.
"The government is also going to stop some evictions for non-payment of rent in high-tension markets where there are vulture funds involved," Iglesias said.
In countries like Zambia and Zimbabwe, this will further hit state-owned utilities and likely exacerbate already severe sovereign debt non-payment risks, the report suggested.
That would mean a big cut—hundreds of millions—to its licence-fee income of £3.8bn, in addition to the cost of decriminalisation of non-payment.
The Cambodia Daily, an English-language newspaper, was also forced to shut in September following government allegations of non-payment of millions of dollars in taxes.
Last week, Samsung Heavy agreed to sell the rig to a European third party, resolving the risk of non-payment, the firm said in a regulatory filing.
Raghuwanshi said the seven IL&FS employees were held in three different locations in Ethiopia, following delayed salaries to staff and non-payment of local government taxes.
Unfortunately for both the mother and child, Judge Chiara Bitozzi ruled in favor of the father and found him not guilty of non-payment of child support.
In the first half of the year, non-payment cases involving U.S. buyers surged 80% in Fujian, hitting the region's fishing, textile and garment industries, said Sinosure.
In the survey, 45.1% said they were having problems collecting large deductibles from patients, while 23.8% were seeing claims denied due to a patient's non-payment of premiums.
Rating agency Moody's said in a note on Friday that it would define a non-payment at GDB as a default "regardless of (a debt) moratorium law's provisions."
Some 2.3 million Indonesians are working as maids in wealthier countries in Asia and the Middle East, risking abuse including the non-payment of wages and physical assault.
Lessors also forced Jet to ground dozens of planes over non-payment of dues and it is left with just 13 aircraft, a senior SBI source told Reuters.
During the first presidential debate against Hillary Clinton, she suggested that non-payment of taxes may be one of the reasons Trump is reluctant to release his returns.
Miranda wrote a blog that covered local issues and frequently blamed authorities for problems such as unpaved roads, the non-payment of employees and irregularities in municipal tenders.
More ominously, Energoatom, the nuclear utility and market monopolist, is financially bankrupt due its huge debts and a poorly functioning, over-centralised power market with rampant non-payment.
Egeland said non-payment of medical staff was having a "devastating effect" on the delivery of healthcare as Yemen's cholera outbreak - the worst in the world - is worsening.
DERIVATION SUMMARY The ratings have been downgraded to RD as one definition of the RD rating is expiry of a grace period following non-payment of a coupon.
It shows a 270-year loan at 227% interest with the government-owned China ExIm Bank that can be called in, in full, in the event of non-payment.
Typically, that may be a non-payment for 180 days or more (unless a deferment was agreed to), but in some cases, a default may be declared even sooner.
NUM spokesman Livhuwani Mammburu said the union's members were concerned the non-payment of salaries was linked to India's Bank of Baroda cutting ties with the Gupta family's operations.
In 2016, new powers to tackle the fraud were introduced, including making online marketplaces potentially liable for non-payment of VAT of overseas sellers that are using their platforms.
About 38% of electricity was "lost" because of illegal hook-ups or non-payment; some big businesses went as far as flying in Indian engineers to rig their meters.
Many housemaids are forced to work up to 18 hours a day and face dire living conditions, sexual abuse, physical violence and low wages or non-payment, they say.
She said it was the first time the pipeline, a public-private partnership in which a Chevron subsidiary has a 36.9 percent stake, has been closed over non-payment.
The tax could eat into Uber's margins or force it to increase fares, making it less competitive against rivals, who have previously complained about Uber's non-payment of VAT .
There is food in Yemen, but severe inflation has eroded people's ability to buy it, and the non-payment of government worker salaries has left many households without incomes.
The government has said it will review whether to decriminalise the penalty for non-payment of the annual licence fee on television-watching households, which largely funds the broadcaster.
"Non-payment proceedings are brought when a tenant does not pay their rent," said Samuel Golberg, a New York City tenant attorney who reviewed the court documents for VICE.
AMCON said Arik had temporarily suspended its operation to New York and grounded more than eight other planes, adding that the airline had also suffered from non-payment of leases.
"The City will reserve the right to delay recording in situations where the risk of non-payment is determined to be unreasonable," the note from Mayor Bernard Young's office reads.
Low-cost Indian carrier SpiceJet has 12 737 MAX 8 planes while Jet Airways Ltd has 5, although several of them have been grounded over non-payment of leasing dues.
Indian Oil Corp, for the second time, halted supply of fuel to Jet for a few hours on Wednesday over non-payment of dues, a spokesman for the refiner said.
Abu Dhabi's Mubadala said in a statement that 1MDB and the Malaysian finance ministry had five days to resolve the non-payment to its unit, International Petroleum Investment Company (IPIC).
But Mubadala, which now owns IPIC, said in a separate statement on Tuesday that 20153MDB and the Malaysian finance ministry (MoF) have just five days to resolve the non-payment.
Fitch expects the non-payment of interest on this instrument will occur when the bank's CET1 ratio approaches its Supervisory Review and Evaluation Process requirement set at 9% for 2017.
However, if you've had accounts that have been sold or turned over to a collection agency for non-payment, this is the section where they will appear on your report.
Court documents show the ventilation firm filed and lost a lawsuit last year against the DFS for non-payment of money it says is owed for work on the checkpoints.
But Mubadala, which now owns IPIC, said in a separate statement on Tuesday that 21MDB and the Malaysian finance ministry (MoF) have just five days to resolve the non-payment.
Following months of non-payment, Uber eventually raised unsubstantiated claims relating to ad-fraud as a reason not to pay its invoices, but there is no basis to these claims.
This week the government ordered a review of whether non-payment of the licence fee (currently set at an annual £154.50, or $203) should cease to be a criminal offence.
In Venezuela, where financially strapped state-run PDVSA faced the possibility that scheduled deliveries, tankers floating offshore for weeks due to non-payment, will now travel to other Latin American destinations.
His comments follow those of Anthem Inc CEO Joseph Swedish on Wednesday, who has also said that non-payment of the subsidies would mean changes to the company's 2018 Obamacare plans.
"We reject the assertions made by this digital agency of non-payment and have filed a criminal complaint with the Federal Investigation Agency, Cyber Crime Division," Nawaz said in an email.
The Nevada plant has faced its own challenges, after the 3 million-square-foot, $1 billion facility saw work stop on its construction late last year due to contractor non-payment.
Last June Alejandro García Padilla, the governor of America's Caribbean outpost, announced that its $72 billion public debt was "unpayable", and that a "unilateral and unplanned non-payment of obligations" loomed.
In addition to a lack of regulatory legislation in the country, Hidalgo said the likelihood of project delays and non-payment in the infrastructure sector could also threaten the IMF's forecast.
"As far as the vulnerable developing countries are concerned they have long since factored in this non-payment of the U.S.'s dues," said Saleemul Huq, of the University of Bangladesh.
Prior to the appointment of PwC, the Cayman court was scheduled to receive a petition from a Kuwaiti pension fund over a non-payment by Abraaj of a $100 million debt.
The group has long blamed Hadi's government for the non-payment of public sector salaries for almost a year and a sanitation crisis which has seen 2,000 people die from cholera.
The bank said it will allow re-structuring of loans with up to a six-month non-payment period, which may be extended to 12 months for sectors such as tourism.
De La Rue has had a series of setbacks this year, including a one-off hit for non-payment from Venezuela and a British investigation into suspected corruption in South Sudan.
Puerto Rico will default on nearly $22015 million worth of government debt on Monday, the most significant non-payment yet on some $21 billion that the island still owes its creditors.
JUBA (Reuters) - South Sudanese lawmakers stormed out of a budget presentation by the finance minister on Thursday, with one citing frustrations over non-payment of salaries to civil servants and soldiers.
Amid talks for a bailout led by state-run banks, lessors have forced the airline to ground at least 37 planes over non-payment of dues and some have also threatened repossession.
The scores are typically based on financial records that show debt amounts, whether payments are made on time, and whether any debts or bills have been sent to collectors for non-payment.
Faraday faces issues include work stoppages on the facility and a lawsuit from a graphics company due to non-payment of contractors, so it's understandable to see it scale back its plans.
In large part, it's because political conflict has led to attacks on and shuttering of schools, non-payment of teachers' salaries, and security threats that prevent parents from sending girls to school.
In the two months leading up to China's lunar new-year holiday in early February, there were over 1,000 strikes and protests, 90% of them related to the non-payment of wages.
Rights groups have documented widespread exploitation of Filipino domestic workers in the Gulf and East Asian countries, with reports of physical and sexual abuse, long working hours, and non-payment of wages.
Investors have still not opened legal disputes of the non-payment, in part because bondholders worry that the government of President Nicolas Maduro is not capable of carrying out a restructuring process.
The company plans to launch new products, including micro-loan services, new non-payment features for its API stack, and online meal vouchers for companies that still issue paper coupons to their employees.
The EC denied the charge of bias, saying that of a total 3,065 nominations received, 786 had been rejected for various reasons, including non-payment of loans or utility bills and criminal convictions.
Along with the securities litigation, Plainsite also found 43 workers' rights cases, 14 deposit theft cases, and 20 vendor and government non-payment cases filed against Tesla since it went public in 2010.
The Freelancers Union website helps all freelancers, not just those in New York, deal with non-payment, including a contract creator, templates, and step-by-step guides to dealing with non-paying clients.
Doi Chaang Coffee - which has more than 50 franchises in Southeast Asia - said it would pay about 7 million baht ($224,000) after the Thomson Reuters Foundation revealed the non-payment and ensuing debts.
Connelly claimed that the company terminated its two-year agreement with Uber in May 2017 due to non-payment of invoices and since then Uber has been "taking drastic actions" to avoid paying.
The group, with operations from South America to Britain, said it would set aside 7.9 billion euros to cover the cost of non-performing assets, which are loans at risk of non-payment.
The airline was also forced to ground another six planes on Thursday due to non-payment of dues to lessors, taking the tally to 19 which is about 15 percent of its fleet.
This deepens the crisis for Jet that has had to ground more than three-quarters of its fleet of 119 planes, many due to non-payment to lessors, leading to hundreds of flight cancellations.
PLANES GROUNDED Amid talks for a bailout led by state-run banks, lessors have forced the airline to ground at least 37 planes over non-payment of dues and some have also threatened repossession.
The airline, now controlled by its lenders, has had to ground more than three-quarters of its fleet of 119 planes, many due to non-payment to lessors, leading to hundreds of flight cancellations.
President Mauricio Macri was elected in late 2015 on the promise of "normalizing" Argentina's economy and financial markets after years of heavy state intervention and non-payment of international debt obligations under the previous government.
The permanent interest- bearing shares (PIBS) are rated four notches below the VR: two notches for loss severity and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
Though purely political protests are seldom seen in Iran, demonstrations are often held by workers over lay-offs or non-payment of salaries and by people who hold deposits in non-regulated, bankrupt financial institutions.
"We can confirm that we have received a tax reminder from the tax department that also references asset seizures in the event of non-payment," a London-based spokesman for Vodafone said in a statement.
The 22-dated CDS guidelines, created before Greece's euro exit scare in 22-22, provide for payouts for non-payment of debt but make it harder to call a default in event of re-denomination.
"Under the Settlement, there is a five business day cure period for MOF and 24MDB to remedy their non-payment before MOF and 22014MDB become subject to additional obligations to IPIC and Aabar," Mubadala said.
" Feinstein said Democrats have made a "concentrated effort to put a program together which would involve non-payment of certain expenses, divestment ... and then we're taking a good look at conflicts of interest and trademarks.
The move is to thwart separate legal action by the Kuwait Public Institution for Social Security (PIFSS) and another creditor, who are seeking the liquidation and winding up of Abraaj for non-payment of debt.
The permanent interest-bearing shares (PIBS) are rated four notches below the VR: two notches for their deep subordination and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
The letters that framed non-payment as an active choice, or noted that paying up is more common than evasion, cut the number of non-payers in the following year and increased the average sum paid.
Seven Indian employees of the debt-laden IL&FS company have been held hostage by Ethiopian staff because of non-payment of salaries, according to messages posted on Twitter by those saying they were being held.
They include slashing funding from the law's Prevention and Public Health Fund, which among other things helps fight the opioid epidemic, and making it easier to kick people off Obamacare plans for non-payment of premiums.
This outturn was better than Fitch's prior forecast, as greater-than-expected spending reductions (non-payment of a salary bonus, lower social spending and central and local-government capex) offset a sharp drop in gas revenues.
"While premiums will be part of the reform, they will be essentially meaningless for those before the poverty line, where most benefits cannot be cancelled for non-payment," Peter Suderman wrote for Reason about the expansion.
A working group set up to aid the canola industry has been asking Ottawa for additional insurance to help alleviate risks such as non-payment that exporters looking for alternative markets might face, the sources said.
The alleged link between corruption and non-payment of government invoices was made explicit in May, when dozens of officials and business people were charged with involvement in the theft of nearly $100 million of public funds.
The permanent interest- bearing shares (PIBS) are rated four notches below the VR, reflecting two notches for their deep subordination and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
He will also sign executive orders on Friday aimed at identifying abuses that are causing the deficits and clamping down on non-payment of anti-dumping and anti-subsidy duties on imports, his top trade officials said.
Trump will also sign executive orders on Friday aimed at identifying abuses that are causing the deficits and clamping down on non-payment of anti-dumping and anti-subsidy duties on imports, his top trade officials said.
Given that students at that time were borrowing less than half of what they are now borrowing for school, it is likely that this level of non-payment is at least as high, if not higher today.
"This stinks of entitlement, unless of course you hold hearings for every homeowner or group who has their property auctioned off for non-payment of taxes," one resident wrote to the Board of Supervisors before the hearing.
The state bank said it will allow re-structuring of loans with up to 12 months of additional time for sectors such as hard-hit tourism, as well as up to a six-month non-payment period.
Among parents with home Internet access, 52 percent say it is too slow, 26 percent share their computer with too many people, and 20 percent have had interrupted connectivity in the past year due to non-payment.
But in 2014, the Comptroller and Auditor General revealed the land transfer scheme had suffered irregularities, including the transfer of land at rates far below the market value and non-payment by many land occupants, including political leaders.
Fitch expects the non-payment of interest on this instrument will occur before it breaches the notes' 5.125% CET1 trigger level, when CGD's capital ratio approaches its Supervisory Review and Evaluation Process requirement set at 8.25% for 2017.
"The causes of death will be import restrictions, blockades, non-payment of government salaries, inflation, job losses, displacement, declining incomes, and violent attacks that kill civilians and destroy the infrastructure that delivers food and safe water," it said.
For Kentuckians who gained coverage under the Medicaid expansion, non-payment of these premiums for two months results in a six-month lockout on coverage—only to be restored after payment and attendance of a "health-literacy" class.
There have been just 14 prosecutions for non-payment of the minimum wage since 1999, the hearing heard, and Creagh said checks on factories were rare and fines for those underpaying workers were often only a few hundred pounds.
The airline was also forced to ground another six planes on Thursday due to non-payment of dues to lessors, Jet said in a statement, taking the total tally to 19 which is about 15 percent of its fleet.
If mobile money was the first phase in the development of digital finance in Africa, the next phase is non-payment financial apps in agtech, insurance, mobile-lending, and investech, according to a report by Village Capital covered here at TechCrunch.
Most of what Tesla sends off to its partners are Model S and Model X cars coming off lease, but others are trade-ins (including some made by other auto makers), lemons, or cars repossessed after non-payment, people familiar said.
A recent bail-out of local power distribution companies, which traditionally have overlooked non-payment of bills by customers whose votes politicians craved, has resulted in a vast and costly debt restructuring which has weighed heavily on the public finances.
The company was in the news recently on account of a lawsuit brought against it by former business partner Geeksphone for non-payment of an outstanding $5 million, relating to the sale of the latter's half of the joint venture.
NAIROBI, June 20 (Reuters) - South Sudan lawmakers stormed out of a budget presentation for the 2019/20 financial year by the finance minister on Thursday, citing frustrations over non-payment of salaries of civil servants and soldiers, a Reuters witness said.
Since taking office in late 13, President Mauricio Macri has implemented several market-friendly reforms to deliver on his promise of normalizing Argentina's economy after years of heavy state intervention and non-payment of international debt obligations under the previous government.
According to one of the sources, contractual terms of a significant part of PDG's debt give creditors the right to foreclose on collateralized assets in the event of non-payment, keeping projects and land aside in an in-court reorganization.
Finance Minister Henry Rotich told reporters on Tuesday that while the government did not want to interfere in private businesses, it was looking at how to protect suppliers from non-payment so that debt didn't build up all along the chain.
HOUSTON, May 9 (Reuters) - Venezuela's state-run oil firm PDVSA is being sued for more than $25 million in a U.S. court over non-payment of notes issued for work performed by Canadian energy contractor SNC-Lavalin, according a court filing.
Since taking office in late 2015, President Mauricio Macri has implemented several market-friendly reforms to deliver on his promise of normalizing Argentina's economy after years of heavy state intervention and non-payment of international debt obligations under the previous government.
Given that borrowers of this class borrowed only about $15,000 on average—less than half what the typical undergraduate borrower leaves school with today—this percentage of non-payment is probably on the low-end of what is happening today.
The industry is facing a risk of damage to its reputation in the event of widespread non-payment of business interruption claims, Moody's ratings agency warned last week, as some policyholders may not be aware that infectious diseases were excluded.
However, Fitch notes that non-performance in the form of non-payment of interest could possibly be triggered before this, for example if the bank breaches its Pillar 2 CET11533 capital requirement of 9.5% as established by the European Central Bank.
Fetch CEO James Connelly told CNBC via email in September that it had terminated its two-year agreement with Uber in May 2017 due to non-payment of invoices and that it had advised the company on reducing ad fraud.
NEW DELHI, April 3 (Reuters) - Jet Airways shares fell as much as 4 percent in early trade on Wednesday after it said the previous day it has grounded 15 more planes due to non-payment of dues to its lessors.
LONDON, Dec 10 (Reuters) - Britain is looking at whether or not to decriminalise the penalty for non-payment of the 154.50-pound ($198) annual BBC "licence fee" tax on all television-watching households, Justice Secretary Robert Buckland said on Tuesday.
Indian officials are trying to crack down on unauthorized agents who promise to organize well paid jobs as cleaners and laborers in the Gulf states but cheat people along the way with complaints ranging from non-payment of wages to physical abuse.
LONDON, Feb 5 (Reuters) - The British government will ask the public whether the non-payment of the 154.50-pound ($198) annual BBC license fee on television-watching households should stop being a criminal offense, as crunch funding talks with the broadcaster near.
LONDON, Feb 5 (Reuters) - The British government will ask the public whether the non-payment of the 154.50-pound ($198) annual BBC licence fee on television-watching households should stop being a criminal offence, as crunch funding talks with the broadcaster near.
" 10:25 AM PT -- Drea Kelly's management team tells TMZ, "We are aware that they are bringing criminal charges for non-payment of child support and we support any and all efforts that will make sure that his children are taken care of.
"Some of the characteristic features of informal employment are lack of protection in the event of non-payment of wages, compulsory overtime or extra shifts, lay-offs without notice or compensation, unsafe working conditions and the absence of social benefits," it notes.
Some legal experts believe Ukraine can successfully use Crimea's annexation as a lever against Russia if Moscow carries out its threat to take Kiev to a British court over non-payment of a $3 billion debt Yaresko declined to comment on that possibility.
The failure is a setback for President Maurico Macri who has implemented several market-friendly reforms to deliver on his promise of reforming the country's economy after years of heavy intervention and non-payment of of international debt obligations under the previous government.
Connor's platform is all about eliminating taxes, a galling position from a man who has never done any work, and his invitation for the government to come to arrest him for non-payment is the stuff of political cartoons and SNL cold opens.
The coalition of 64 organizations, calling itself Pay Now Illinois, contended that Rauner's June 2015 veto of appropriation bills amounted to an unlawful impairment of the their constitutional right to seek a legal remedy for non-payment by the state of their various contracts.
"One of the biggest issues of not having the legal right to work is for them to be exploited by their employers, whether it is under-payment, non-payment, or it forces refugees to work in the 3D jobs - dirty, dangerous and difficult," he added.
Non-payment of AT1 coupon would also be triggered by any breach of the bank's maximum distributable amount (MDA) requirement, which stands at 9.52% for 2017, combining CET1 and the Pillar 2 add-on requirement resulting from the ECB's Supervisory Review and Evaluation Process (SREP).
Non-payment of AT103 coupon would also be triggered by any breach of the bank's maximum distributable amount (MDA) requirement, which stands at 9.51% for 2017, combining CET1 and the Pillar 2 add-on requirement resulting from the ECB's Supervisory Review and Evaluation Process (SREP).
It said its then-government had lacked the capacity to enter into the agreement with Russia, that the debt was incurred under duress, the terms attached to the issue were unfair and finally, that non-payment was a countermeasure against Russian interference in its economy and territory.
Lessors have already forced the airline to ground at least four of its new fuel-efficient Boeing 737 MAX aircraft over non-payment of dues, the first source said, adding more planes could be grounded if lessors are unconvinced by the plan Jet presents next week.
Buying through private dealers rather than via auction houses has also been increasingly common but non-payment and late payment remain crucial issues in the Chinese market, the report said, citing an average of 40 percent of dealers forced to accept payment terms beyond two months.
Earlier this month, the U.S. House of Representatives passed legislation aimed at creating a federal oversight board to oversee a restructuring of the island's debt, while putting in place a suspension on any past and future lawsuits related to the non-payment of some of its debts.
Anthem is talking to the government about possible changes to the marketplace such as updating how customer risk is shared among insurers, changing the exceptions allowed for enrollment outside of the usual time, the grace period for non-payment of insurance premiums and creating new insurance products.
For managers like Davis Cai in China's manufacturing heartland along the Pearl River, the squeeze not only means his masonry company Shenzhen Leeste Industry has to be careful managing its cash, but more and more of its customers are struggling, threatening a vicious cycle of non-payment.
Following months of non payment, Uber eventually raised unsubstantiated claims relating to ad-fraud as a reason not to pay its invoices, but there is no basis to these claims ...We vigorously deny the allegations from Uber and will be responding robustly to ensure we set the record straight.
Non-payment of Deutsche Bank's AT1 coupon would also be triggered if the bank breaches its Maximum Distributable Amount (MDA) requirement, which in 2016 refers to the 10.76% combined CET1 and buffers requirement, including the Pillar 2 add-on resulting from the ECB's Supervisory Review and Evaluation Process (SREP).
Speaking to Reuters on the sidelines of the World Economic Forum in Davos, Yaresko said she remained optimistic about the possibility of reaching an agreement with Moscow, even though the Kremlin has pledged to file suit against Kiev for non-payment of the bond which matured last month.
Read more: I'm a driver for Uber and Lyft — here's exactly how much I make in one week on the jobThe tax could eat into Uber's margins or force it to increase fares, making it less competitive against rivals, who have previously complained about Uber's non-payment of VAT.
DUBAI, June 7 (Reuters) - A Kuwaiti pension fund that has filed a petition to wind up private equity firm Abraaj over the non-payment of a $100 million loan said on Thursday it was obligated to see the case through to the end to return the funds to Kuwaiti citizens.
For the 23 percent of surveyed families who only connect through a mobile device — which, in and of itself, is more limited than connecting via a computer — 29 percent have hit their data limits, and 85033 percent have had phone service cut off due to non-payment, in the past year.
The investigation is a setback for De La Rue, which last year lost the 400 million pound ($491.08 million) contract for Britain's new blue passports and has seen its stock tumble since May after a profit warning, the CEO's departure and a one-off hit for non-payment from Venezuela.
"Venezuela's oil sector is struggling due to sharp decline rates in its giant oil fields; less funds available for maintenance, as well as a slowdown in drilling activity as a result of non-payment are accelerating the weakness in oil output," Miswin Mahesh, oil market analyst at Barclays, told CNBC via email.
EST:  A previous version of this story included a headline titled, "Vero's founder didn't pay his employees, but now he's all about 'trust,'" referring to Vero founder Ayman Hariri's close ties to the Saudi construction company Saudi Oger and its non-payment of salaries that left thousands of migrant workers in destitution and homelessness.
And it can be harnessed to breathe new life into existing institutions, such as the kitschy old-timey-signage enveloping Di Fara's pizza stall at the N3 Food Hall in Williamsburg (new, but made to look like the exterior of the Midwood original, which underwent a temporary closure last year for non-payment of taxes).
The investigation is a further setback for De La Rue, which last year lost the 400 million pound ($500 million) contract for Britain's new blue passports and has seen its stock tumble almost 30% since May after a profit warning, the departure of its CEO and a one-off hit for non-payment from Venezuela.
" When asked about how White was able to renew his lease each year, the spokesperson added, "All we can determine is that the issues that would normally trigger a welfare check — non-payment of rent, a full mailbox, inquiries from family members or employers or concerned neighbors — did not take place in this case.
CYBG's fully loaded Basel III CET1 ratio at 11533 September 2015 was 13.2%, providing it with a buffer of around GBP1.1bn for the 7.0% CET1 ratio trigger, although non-performance in the form of non-payment of interest would likely be triggered before reaching 7%, most likely by breaching the bank's regulatory combined buffer requirements.
McKissock says Hall settled earlier this year with the plaintiff, who had been the manager of Hall's world tour for his album "Straight Outta Oz."Before McKissock began posting about the accusations against Hall, Thom White, a dancer and choreographer who worked with Hall on multiple projects, also accused him of non-payment and of making anti-black comments.
RBSG's fully loaded Basel III CET1 ratio at 30 June 2016 was 73%, providing it with a buffer in excess of GBP18bn for the 7% CET1 ratio trigger, although non-performance in the form of non-payment of interest would likely be triggered before reaching the 7% trigger, most likely by breaching the bank's regulatory requirements.
Per the Daily Beast's Taylor Lorenz: Before beginning his social media escapades, [CEO Ayman] Hariri served as deputy chief executive officer and vice chairman of his family's now defunct construction company, Saudi Oger, a business that was the source of most of his family's wealth [...] under Hariri's watch over 31,000 complaints of non payment for wages were filed against the Saudi Oger.

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