All articles tagged with #interest payment
EchoStar Corporation, parent of DISH Network, faces potential bankruptcy after missing a $326 million interest payment amid FCC scrutiny over its 5G compliance, with the company’s future hinging on resolving regulatory issues and its ability to manage a massive $30.1 billion debt load.
A GoFundMe page set up for Donald Trump following a civil fraud judgement may not even cover the interest on his $355 million fine, as New York State mandates a 9 percent interest rate on the sum of damages. Over $400,000 has been raised, but it falls short of the interest Trump must pay. Trump plans to appeal the ruling, with his lawyer calling it an "unjust political crusade," while New York Attorney General Letitia James sees it as "a massive victory" and a signal that "no one is above the law."