Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by megaman821 on Friday May 12, 2023 @01:24PM
(#35919181)
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.
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Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by dboreham on Friday May 12, 2023 @01:33PM
(#35919309)
They would at least get interest. But yes there isn't much in the way of consequences for being an asshole regarding AP.
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by mrguyorama on Friday May 12, 2023 @02:30PM
(#35920222)
I 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.
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by failuser on Friday May 12, 2023 @02:48PM
(#35920491)
Big 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.