Senator Patreus has today begun the process of sending his agents to reclaim the debt owed to him by the government of Kui Hsien.
The Friends of Kui Hsien, the cooperative council that rules over the region, had previously entered into an agreement with Senator Patreus to supply Kui Hsien with the arms they needed to repel an invasion by the Federal-aligned Future of LTT 911 Party. Kui Hsien’s economy was devastated during the war with LTT 911, and the Friends now find themselves in the unenviable position of being unable to repay their debt.
Over the last week, dozens of local traders have gone to extraordinary efforts to stimulate Kui Hsien’s economy. Sadly their efforts were not enough, as the Friends of Kui Hsien still find themselves unable to meet the financial demands placed on them by Senator Patreus and Eotienses Silver Universal PLC.
As a result, Senator Patreus has authorised the Conservatives of BV Phoenicis to begin the forfeiture process. Imperial mercenaries interested in participating in the reclamation effort are being invited to sign up for active duty aboard Aoki Dock in BV Phoenicis.
Showing posts with label Silver Universal PLC. Show all posts
Showing posts with label Silver Universal PLC. Show all posts
20 April 3301
13 April 3301
Kui Hsien and Quivira Refuse Raise in Rates
Last week it was announced that Silver Universal PLC, the financial branch of the military corporate conglomerate led by Senator Patreus, would be raising interest rates on all outstanding loan agreements.
Following the news, several dozen independent systems reached out to Silver Universal PLC to ask to refinance their previously agreed loans. Silver Universal PLC was gracious enough to work with its debtors to come to new arrangements wherever possible. In some instances, new deals could not be made, but {Imperia} is confident that most of its clients will continue to honour their agreements, regardless of any short term difficulties they may currently be facing.
Unfortunately, not all debtors were willing to face up to their responsibilities. In particular, Kui Hsien and Quivira have refused to acknowledge Silver Universal PLC’s legal right to increase its rates.
In protest, both systems have stopped all payments to Silver Universal PLC. A particularly dangerous gambit given the Senator’s history when dealing with systems that refuse to pay their debts.
Following the news, several dozen independent systems reached out to Silver Universal PLC to ask to refinance their previously agreed loans. Silver Universal PLC was gracious enough to work with its debtors to come to new arrangements wherever possible. In some instances, new deals could not be made, but {Imperia} is confident that most of its clients will continue to honour their agreements, regardless of any short term difficulties they may currently be facing.
Unfortunately, not all debtors were willing to face up to their responsibilities. In particular, Kui Hsien and Quivira have refused to acknowledge Silver Universal PLC’s legal right to increase its rates.
In protest, both systems have stopped all payments to Silver Universal PLC. A particularly dangerous gambit given the Senator’s history when dealing with systems that refuse to pay their debts.
8 April 3301
Themiscrya Reaches Agreement on National Debt
Senator Denton Patreus issued notice 8 days ago of his intention to seek legal recourse over the Nationals of Themiscrya’s failure to meet their financial obligations. The news sent waves of panic through the tiny independent system, with many residents choosing to flee rather than risk being turned into assets to appease the Senator.
However, reports coming from Ritchey Port indicate that a new debt agreement has been reached between Silver Universal PLC and the Nationals of Themiscrya, effectively ending any imminent action from Senator Patreus’s legal team.
It is believed that the new agreement only came about due to the efforts of several dozen small business owners, whose tireless efforts over the last week have seen Themiscrya enjoy a small period of economic boom. This in turn provided the funds needed for the Nationals of Themiscrya to pay off the principal on their debt.
However, reports coming from Ritchey Port indicate that a new debt agreement has been reached between Silver Universal PLC and the Nationals of Themiscrya, effectively ending any imminent action from Senator Patreus’s legal team.
It is believed that the new agreement only came about due to the efforts of several dozen small business owners, whose tireless efforts over the last week have seen Themiscrya enjoy a small period of economic boom. This in turn provided the funds needed for the Nationals of Themiscrya to pay off the principal on their debt.
In the Emperor’s Name
The last week has seen a bustle of activity in Imperial space.
Senator Torval went head to head with Aisling Duval to prove once and for all that Imperial Slavery is here to stay. Aisling’s Angels did the best they could to support the people’s princess, freeing an astonishing 1,149,756 Imperial Slaves in the span of just one week. Unfortunately for the diva Duval, the Imperial Slavers Association managed to acquire a staggering 2,387,567 Unregulated Slaves in the same space of time.
The Unregulated Slaves are currently undergoing an intensive ISA-certified retraining regime. The graduates of which are expected to go on sale from Lagerkvist Gateway next weekend.
Princess Arissa has been making her presence felt by shining a light on the darker corners of the Empire. Thousands of criminals have been apprehended by Commanders working on behalf of Arissa, although sadly only a handful of them have been able to provide any clues as to who ordered the attack on the Emperor. The Princess will announce what new information has come to light once her Imperial courtiers have finished with their current investigation.
Finally, Senator Patreus has reached a new financial agreement with Themiscrya, a system that owes the Senator a sizeable debt due to loans taken out by the current government before they came to power. In less pleasant news, Silver Universal PLC (the Senator’s financial services subsidiary) has announced that from next week it will be raising interest rates on all outstanding debts owed to the Senator.
Senator Torval went head to head with Aisling Duval to prove once and for all that Imperial Slavery is here to stay. Aisling’s Angels did the best they could to support the people’s princess, freeing an astonishing 1,149,756 Imperial Slaves in the span of just one week. Unfortunately for the diva Duval, the Imperial Slavers Association managed to acquire a staggering 2,387,567 Unregulated Slaves in the same space of time.
The Unregulated Slaves are currently undergoing an intensive ISA-certified retraining regime. The graduates of which are expected to go on sale from Lagerkvist Gateway next weekend.
Princess Arissa has been making her presence felt by shining a light on the darker corners of the Empire. Thousands of criminals have been apprehended by Commanders working on behalf of Arissa, although sadly only a handful of them have been able to provide any clues as to who ordered the attack on the Emperor. The Princess will announce what new information has come to light once her Imperial courtiers have finished with their current investigation.
Finally, Senator Patreus has reached a new financial agreement with Themiscrya, a system that owes the Senator a sizeable debt due to loans taken out by the current government before they came to power. In less pleasant news, Silver Universal PLC (the Senator’s financial services subsidiary) has announced that from next week it will be raising interest rates on all outstanding debts owed to the Senator.
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