The ship was subsequently laid up in the National Defense Reserve Fleet, James River Group, Lee Hall, Virginia . " Key Pittman " was sold on 29 April 1966, to Universal Salvage Corporation, but she was returned in August because of default in payment.
22.
The real tumbled in the months preceding October's presidential election, as investors fretted that a victory by former union boss Luiz Inacio Lula da Silva could mean a radical change in Brazil's market-friendly economic policies _ and perhaps even a default in payment of its foreign debt.
23.
Referring to the Kuala Lumpur Stock Exchange Practice Note No 2 / 98, dated May 29 1998, with respect to the company's default in payments, it said they consist of an outstanding amount of RM138.26 million comprising principal and interest owed by Perdana Industri to MBf Finance Bhd.
24.
Mr . Kennedy, for the dealer, submitted that while a motor car dealer might be expected to foresee that a customer who buys a car on hire-purchase may default in payment of his instalments, he cannot be expected to foresee that he will wrongfully dispose of the car.
25.
Referring to the Kuala Lumpur Stock Exchange Practice Note No 2 / 98, dated May 29 1998, with respect to the company's default in payments, it said they consist of an outstanding amount of RM138 . 26 million comprising principal and interest owed by Perdana Industri to MBf Finance Bhd.