Word: contracts
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Dates: during 1970-1979
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...operate on very low profit margins, felt they deserved fast financial relief. They argued that cumbersome federal regulations have long favored the big trucking companies, which are not on strike, and discriminated against smaller owners. Under federal rules, to carry anything except agricultural products, the independents must drive under contract to the big companies. When they hire out, they must pay the company between 30% and 50% of their gross returns...
...lonely moor at night; Scott was not harmed, but Newton shot his Great Dane, Rinka. Newton was sentenced to two years for possession of a firearm and intent to endanger life. There the matter might have ended, except that after his release from prison Newton began talking of a "contract" to murder Scott. An investigation was launched, which led to a trial...
...kill, it was badly botched," he said. The judge also made the point that the testimony of the three principal prosecution witnesses was "tainted" by the huge sums of money that each had received for telling his story to the British press. Bessell admitted on the stand that his contract for serialization of portions of a book he is writing called for twice as much ($100,000) if Thorpe were convicted. By the judge's reckoning, Scott was paid $31,000 by newspaper and television companies, and Newton...
...hopes to renegotiate the contract, arguing that the equipment is not working only because other contractors had not yet installed the necessary cables. Failing that, GTE and the Iranians are likely to get into a court brawl when the injunction expires. As if to leave no doubt about its intentions to rap U.S. firms, the Iranian regime next day announced that it was abrogating a large contract with Anaconda, involving the building of a $1.7 billion copper purification plant...
...Textron's Bell Helicopter Division, Grumman, Lockheed and Boeing, are protected from big losses by the standard U.S. guarantees for arms sales. But other companies involved in civilian projects have no recourse, except to Iranian courts. For example, Brown & Root, the Texas-based construction company, whose $1.2 billion contract to build a naval base was canceled, has made little progress in persuading the Iranians to settle on termination damages. Fluor had completed 95% of a refinery near Isfahan before the revolution made further work too hazardous and is insisting upon back payments of nearly $100 million before it will...