Not concerned. Its more likely a business move to force the bank to renegotiate their payments. Many business do it.
On the surface that makes sense.. in 2007, when the last loan was taken out, interest rates were double what they have been in 2013-14 when Wang defaulted..
But ... there's other banks out there.. surely the Marriot's people have connections, Wang has connections, etc., and they could have reached out to any number of banks to re-finance the Marriot at today's rates.. sometimes multiple banks even work together on deals of this size..
I dunno if I'm concerned.. but I am surprised..
I guess I'm just hoping the Nets people gave Wang incentive to order Snow (or whoever our GM is) to ice a winning team.. something along the lines of the higher you finish in the regular season, the more money we give you.. the more playoff games you win, the more money we give you..
Otherwise Wang's strategy will be just hoping the team happens to win with the lowest possible payroll.. and that's bad for all of us..