Private default on payments

IDEA Code 2322
Name Private default on payments
Description  
Usage Notes  
Example In the wake of a long-running, unsuccessful search for new capital, eToys Inc. plans to file for bankruptcy protection in the next five to 10 days. *
Example Notes The source actor in this interaction is the business that is declaring bankruptcy, eToys. Had the funders for this company been specified, they would have been coded as the targets (or recipients) of this Private default on payments event.
Comments  
* Source = blue, Event = red and Target = green