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Old 08-20-2016, 12:59 PM   #9
spence
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Join Date: Nov 2003
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Quote:
Originally Posted by Fly Rod View Post
That is not the point.....we could have held that money for one more year etc:..... Its ransom money....
Ransom money would be taking funds we didn't already owe under international law and offering it as a payoff. This situation is more akin to withholding the last payment to your contractor until they fixed their mistakes. You owe the money but you want to influence the timing of the resolution.
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