Sentence examples similar to default on contract from inspiring English sources

That created a bottleneck for many products, including electronic goods and toilet paper, leading dozens of importers to default on contracts.

Still, Harbour spends a good deal of time in court seeking to foreclose on those who default on contracts or seek relief in bankruptcy proceedings.

But a sustained debt crisis could have immense negative effects even if default on securities (as opposed to default on contracts, which would still happen en masse) is avoided.

Those expenses eventually fall on federal taxpayers because the Energy Department has defaulted on contracts it signed in the 1980s to begin accepting the wastes for burial in 1998.

After hostilities broke out on Aug. 7, transportation routes from Georgia's main Black Sea port were cut off, and dozens of importers defaulted on contracts.

York Research Corporation, a builder and operator of power plants, said its energy-marketing unit has filed for Chapter 11 bankruptcy protection because electricity suppliers defaulted on contracts.

And now there are even questions about whether the developer is in default on the contract by subcontracting to another developer with political connections.

The California Public Utilities Commission granted a reprieve to the plant on Thursday, preventing it from going into default on its contract with Pacific Gas & Electric and Southern California Edison.

Does he default on the contract by seeking comfort in the arms of another?

The Department of Transport had to step in and take control of the line in 2009 after National Express announced it would default on its contract.

Blackwater officials instructed its employees to "string these guys along and run this... thing into the ground" because "if we stalled long enough they (Regency) would have no choice but to buy us armored cars, or they would default on the contract," in which case the contractor who hired Regency "might go directly to Blackwater for security".