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The failure to pay interest or repay capital on a debt when it becomes due. This may be because a company, individual or government is unable or unwilling to meet their debt obligations. A default can lead to the loss of collateral securing the loan or legal action to recover the amount due. A default will also recorded on the credit history of ...
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Netflix loses bid to toss 'Baby Reindeer' defamation lawsuit. Netflix has lost its bid to throw out a defamation lawsuit filed by the woman who says she was the inspiration for the stalker in the Emmy-winning hit "Baby Reindeer."In a statement to AFP, Netflix said it would continue to contest the defamation claim. 3-min read.