At issue is a supposedly irrevocable $3 million contract between the union and Prim Capital, a firm that employs the son of Billy Hunter, the union's embattled executive director.
"The board concluded that the firm and irrevocable nature of the JPMorgan contracts was more beneficial to the company and its shareholders, and that the uncertainty created by the new condition outweighed the benefits of the amended proposal," Technicolor said in a statement.
It insists that its contract with AT&T is "irrevocable, perpetual and fully paid up", and that its customers have nothing to worry about.
Sotheby's is estimating that "Nature Morte aux Tulipes" will sell for $35 million to $50 million, and a buyer has already given the house what it calls an "irrevocable bid," that is, the person has contracted to buy the Picasso for an undisclosed sum.
The contracting sovereigns would form a perpetual and irrevocable alliance, establishing a permanent Diet or Congress that would adjudicate all conflicts between the contracting parties.
The Rangers are listening to offers for Alex Rodriguez, who still has $179 million left on his $252 million contract, and the Boston Red Sox put Manny Ramirez on irrevocable waivers Wednesday in hopes that some team would claim him and the $104 million remaining on his $160 million deal.
Take my left fielder and his massive contract, please, they begged, after placing Ramirez on irrevocable waivers.
INSIDE PITCH MANNY RAMIREZ of the Boston Red Sox would have become a Yankee if they had claimed him off irrevocable waivers and picked up the $104 million left on his contract.
Management of the tendering phase of the public contract lifecycle is a demanding activity with often irrevocable impact on the subsequent realization phase.
