| 1. | It blamed the problem on unprofitable contracts, overemployment and high social benefits.
|
| 2. | The liquidator has powers to disclaim any onerous property or unprofitable contracts.
|
| 3. | It blamed the financial plight on unprofitable contracts and overstaffing.
|
| 4. | A number of companies continue the construction of vessels previously entered into unprofitable contracts.
|
| 5. | It also began to cut high manufacturing costs, eliminate excess capacity and end unprofitable contracts.
|
| 6. | Software houses of the time tended to suffer from unprofitable contracts, failed ventures, and slowing demand.
|
| 7. | The government, which owns 60 percent of the yard, blamed it for unprofitable contracts and overemployment.
|
| 8. | In August the government declared it bankrupt, saying the financial plight resulted from unprofitable contracts and overemployment.
|
| 9. | The government led by ex-communists blames the yard's plight on unprofitable contracts, over-hiring and overly generous benefits.
|
| 10. | Under Cayman Islands law there is no general power vested in a liquidator to disclaim onerous or unprofitable contracts.
|