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Not paying vendors and landlords as a negotiation tactic seems slimy. I assume they will eventually sue Twitter and win, but is there any punitive damages? If n
by megaman821 3y ago
Not paying vendors and landlords as a negotiation tactic seems slimy. I assume they will eventually sue Twitter and win, but is there any punitive damages? If not, I am guessing Twitter will be rewarded for not paying by getting better terms on existing contracts.
- dboreham 3y agoThey would at least get interest. But yes there isn't much in the way of consequences for being an asshole regarding AP.
- mrguyorama 3y agoI don't think it's uncommon. Big companies have always played dumb games with billing and contracting unless you can nail them to the wall with an ironclad "you pay us X on Y day or you pay us an extra Z per day" contract.
- failuser 3y agoBig companies have a lot of leverage. Vendors don’t want to antagonize them in hope of getting paid eventually and due to a risk of retaliation. Going to court might be a suicide by legal expenses.