Word: payment
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Simple Refusal. When the loser is insured, as is general in the auto-accident cases that make up the bulk of civil damage suits, payment normally is quick. In those liability and libel suits where huge judgments make huge headlines, the uninsured loser may pay up, post a bond and appeal - or resort to pure procrastination. Appeals are a prime source of delay and hold great promise for the loser's pocketbook. Only a few weeks ago, a New York appeals court lopped nearly $3,000,000 from the $3,500,000 libel verdict won in July...
...suffered as well; and as soon as the Red nations had signed their wheat purchase contracts in the U.S., they would be back bidding on oils and other U.S. produce. DeAngelis bought $150 million worth of vegetable-oil futures on Allied's credit with just a small down payment and waited for the payoff...
...house for a time with another girl, Mary Alice Martin, a secretary in the office of Florida's Democratic Senator George Smathers. But neither girl owned the heavily trafficked house they lived in. The owner was Bobby Baker, who bought it for $28,000 on a down payment of $1,600. On the FHA forms that he signed, Baker listed both girls as the tenants of the house, said that Carole was his "cousin." She resigned from her job as a Senate employee at the same time Baker did, and has not since been available to inquiring newsmen...
Some Nebraskans are doing just that. A man and wife who bought $18,000 worth of equipment early this year to start a coin-operated laundry have stopped paying the installments and are trying to get back their $500 down payment. State Senator Terry Carpenter, remembered for proposing an imaginary "Joe Smith" for the Republican vice-presidential nomination in 1956, is suing to recover $1,300 he paid down on $7,000 worth of cash registers...
Such firms as Sperry Gyroscope Co. and Raytheon Co. actually offered jobs. So confident did Sherman become that he threatened to sue one firm that was tardy with his expense payment...