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Word: escrowed (lookup in dictionary) (lookup stats)
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...determined the markup on the arms, and who set up the Swiss contra ! account? The Israelis contend they neither set the price for the weapons nor managed the accounts. According to Israeli sources, an Iranian straw company in Switzerland deposited its payment for the arms in an escrow account just before the shipment was made. After the delivery, the Iranians reimbursed the Israelis through a Swiss bank for the book value of the cargo, plus generous insurance and freight charges. The Israelis, in turn, used part of these funds to pay the U.S., depositing its payment into a Swiss account...

Author: /time Magazine | Title: From Many Strands, a Tangled Web | 12/8/1986 | See Source »

...money will be held in escrow until the MIT Corporation divests the $160 million it has invested in companies which have dealings in South Africa...

Author: NO WRITER ATTRIBUTED | Title: Harvard Model Helps MIT Alumni Establish Endowment for Divestiture | 10/16/1986 | See Source »

After the child was born in late March, Whitehead began to have misgivings about handing over the girl she named Sara Elizabeth and the Sterns named Melissa Elizabeth. She refused the agreed-upon payment from the Sterns, so the money was put in an escrow account. A few days later the Sterns agreed to let Whitehead keep the baby for a short time. When the child was not returned after several weeks, the tug-of-war began...

Author: /time Magazine | Title: Is the Womb a Rentable Space? | 9/22/1986 | See Source »

...advance against future services, but the court cited 23 documents, some of them written by Cohn himself, indicating that it was a loan. Cohn's firm returned the money in 1984, but only after the misconduct proceedings against him had started. The court also found that a $94,000 escrow account entrusted to Cohn's firm was misappropriated in a "bizarre series of events," and that on his application for admission to the bar of the District of Columbia, Cohn lied. The most dramatic accusation concerned the will of Lewis S. Rosenstiel, the millionaire founder of Schenley Distillers. In December...

Author: /time Magazine | Title: Law: Cohn Ko'D | 7/7/1986 | See Source »

...Endowment for Divestiture (E4D), established three years ago by divestment activists as an alternative gift fund, will hold its solicitations in escrow until the Harvard Corporation divests of stock in companies which do business in South Africa. If the University has not divested by 2003, the accumulated funds will be given to charity...

Author: By Julian C. Baker, | Title: E4D Challenges Class Gift to Debate | 4/22/1986 | See Source »

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