Word: liens
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Dates: during 1980-1989
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...assets issue will be the claims brought by companies and individuals who were owed money for work they once did in Iran, or who have been the victims of expropriation since the revolution. The latest of these claimants is Xerox, which last week asked a federal court for a lien of $85 million against the frozen assets. Xerox is seeking to receive payment for Rank Xerox Iran, a company that it owns jointly with Britain's Rank Organization. Iran's Bonyad-e Mostasafin, a foundation set up by the Iranian government to seize the Shah's holdings...
...recession, the Trane Co., an air conditioner manufacturer in La Crosse, Wis., had to carry $750 million in due bills. Now, Trane starts leaning on customers after 30 days. If the bill is not paid within 90 days, Trane goes to court and obtains a mechanic's lien on the building where the equipment is installed. Recalcitrant contractors usually pay up fast...
...Under protest," Carter registered as a foreign agent on July 14. He has since said that he has no plans to work for the Libyans, but he could still make money from his contract with Charter. He will need every cent. In April, the Internal Revenue Service clamped a lien for back taxes on 38.6 acres that are part of the 58-acre site of his home in Buena Vista...
...messages from Hanoi and Peking crackled with bellicosity. On July 4 the official Viet Nam news agency reported that a protest note had been delivered to the Chinese embassy, charging that Peking's forces had fired "hundreds of mortar shells" at two towns in Hoang Lien Son province. Two days later, Radio Hanoi reported that Chinese gunners had provoked an artillery duel, "causing dozens of casualties and destroying many houses." Peking responded in kind. On July 5 a protest note was sent to Viet Nam's embassy in the Chinese capital, accusing Hanoi of "incessant armed provocations" along...
...military court in Taiwan yesterday sentenced Lu Hsiu-lien, a recent graduate of the Law School and a prominent political activist in Taiwan, to a 12-year prison term for sedition...