It reduces the chances of a sovereign default triggered by inability to meet payment demands through private sector.
FORBES: Ireland's Promissory Note Deal
Benkler equates the court's position with that of a homeowner who demands a payment from every airliner that passes over his property.
FORBES: Name that Note
But NML remains steady in its demands to extract payment from the Argentine state.
FORBES: No Liberty For Libertad: Argentina's Battle With Hedge Fund Billionaire For Navy Vessel Continues
Otherwise, after the three-day period is over, the landlord will no longer have to accept your rent payment and will file a "summons and complaint" that demands that you appear in court for an eviction trial.
WSJ: Finding Help on the Brink of Eviction--WSJ House Talk
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